China National Fisheries: As of now, the average procurement price of fuel for company production and operations has increased by 7% compared to the same period last year.

Golden Ten Data reported on May 21 that China National Fisheries Corporation stated during a special investor survey that geopolitical tensions do indeed transmit through international oil prices, putting periodic upward pressure on fuel costs in the industry. Fuel costs account for about 30% of the company's fishing costs, a relatively high proportion. As of now, the average purchase price of fuel for the company's production and operations has risen by 7% compared to the same period last year, resulting in a corresponding increase in fuel costs. However, the company has a dual hedging capability with its own fuel supply fleet and offshore refueling services, which can effectively offset part of the impact from rising oil prices, making the overall risk manageable.