Delong Huineng Denies Rumors of Asset Injection Plan by Controlling Shareholder

Delong Huineng said its controlling shareholder and actual controller have no plan to inject assets they hold into the company. According to Jin10, the company said its shares were flagged for abnormal trading after the cumulative deviation in closing-price gains reached 20.27% over two consecutive trading days, July 6, 2026, and July 7, 2026. The company said it recently noticed false market rumors claiming the controlling shareholder and actual controller intended to inject assets. After verification with the controlling shareholder and actual controller, Delong Huineng said that as of the date of the announcement’s disclosure, there was no such plan. Delong Huineng added that its operating conditions and internal and external business environment have not seen major changes. It said that over the past five years, its gas supply business and related revenue accounted for more than 90% of total revenue, and it remains focused on its natural gas core business. The company said it has no semiconductor-related business.