Chuankinone: The company's raw material transportation does not pass through the Strait of Hormuz

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Securities Star News, ChuanJinNuo (300505) responded to investor questions on the investor relations platform on March 23.

Investor: Does the company’s raw material transportation pass through the Strait of Hormuz? How would a blockade of the strait affect the company’s phosphate chemical business?

ChuanJinNuo Secretary: Dear investor, hello. The company’s raw material transportation does not pass through the Strait of Hormuz. A blockade of the strait would impose certain cost pressures on transportation and upstream raw materials. The company will continue to promote global resource deployment and diversify its supply system to optimize procurement costs. Thank you for your attention.

The above content is compiled from publicly available information by Securities Star and generated by AI algorithms (Network Information Calculation Backup 310104345710301240019), and does not constitute investment advice.

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