Yueyang Xingchang Petrochemical reports Q3 loss, citing maintenance shutdown

Yueyang Xingchang Petrochemical Co., Ltd. released its Q3 2025 report, revealing a net profit attributable to shareholders of -31,798,573.28 yuan for the first nine months, a 143.88% decrease compared to the previous year. Operating income for the period was 2,635,945,220.79 yuan, down 9.70%. The company attributed the decline primarily to a scheduled two-month shutdown for maintenance of its main production facilities, impacting output and gross profit margins.

The company will host an online performance briefing on October 31, 2025, from 15:30 to 16:30, to discuss its operational performance and development strategies for Q3 2025. This event aims to facilitate direct communication with investors regarding the financial results and future plans.

Additionally, Yueyang Xingchang Petrochemical announced the re-appointment of Tianjian Certified Public Accountants (Special General Partnership) as its auditor for the 2025 fiscal year. The audit fee for the annual report and internal control audit is 650,000 yuan, an increase of 50,000 yuan from the previous period. The re-appointment has been approved by the board of directors and the audit committee, and awaits shareholder approval.