Sinohome Group Clarifies: Qingdao Subsidiaries' Graphite Business Unaffected by China's Export Restrictions, Focusing Solely on Domestic Sales

Publicado: Jul 16, 2024 14:30

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[Sinohome Group: Qingdao Senhui and Qingdao Haizheng mainly focus on domestic sales of graphite business, with no exports for the time being, and are not affected by the country's export restrictions] Recently, an investor asked Sinohome Group on an interactive platform: "Will the country's restrictions on the export of high-quality graphite raw materials have any impact on the company?" The company responded that its controlled subsidiaries, Qingdao Senhui and Qingdao Haizheng, are mainly engaged in the mining, production, and processing of natural flake graphite. The company's high-quality graphite business is mainly focused on domestic sales, and there is no graphite export for the time being. Therefore, the country's restrictions on the export of high-quality graphite raw materials do not affect the company's graphite business at present.

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