Core Viewpoint - The stock of Hysun Engineering (02236) dropped over 20% following the announcement of contract terminations due to sanctions against Lukoil [1] Group 1: Company Impact - Hysun Engineering's shares fell by 20.65%, trading at HKD 0.365, with a transaction volume of HKD 2.1492 million [1] - The company announced that contracts with Lukoil will terminate by November 21, with accounts receivable amounting to approximately RMB 8.3 billion [1] - The revenue and gross profit from these contracts accounted for about 4% and 7.5% of the company's mid-year revenue and gross profit, respectively [1] Group 2: Regulatory Environment - On October 15, the UK government imposed restrictive measures on Lukoil [1] - On October 22, the U.S. Treasury Department's Office of Foreign Assets Control designated Lukoil and any entity owning 50% or more of it as a Specially Designated National [1]
惠生工程尾盘跌超20% 卢克石油遭英美制裁 公司终止与卢克石油现有合同