Gelonghui, November 25 | Shangao Huanneng issued a stock trading change announcement on the evening of November 25, stating that on November 15, 2024, the Ministry of Finance and the State Administration of Taxation issued a “Notice on Adjusting the Export Tax Rebate Policy”. After inquiring about the “List of Products Excluded from Export Tax Refund”, the company's industrial grade blended oil products were included in the list of products to cancel export tax rebates. The adjustment of the export tax rebate policy may cause certain fluctuations in domestic and foreign industrial grade blended oil market prices in the short term.