Core Viewpoint - Sinopec Kantons Holdings (00934) experienced a decline of over 2%, trading down 2.68% at HKD 4, with a transaction volume of HKD 23.5594 million due to the announcement regarding the inclusion of Rizhao Shihua Oil Terminal Co., Ltd. in the Specially Designated Nationals (SDN) list by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) [1] Group 1 - Sinopec Kantons announced that it holds a 50% stake in Rizhao Shihua, which primarily operates oil terminal and related facilities [1] - The investment income from Rizhao Shihua is expected to account for approximately 12% of the group's earnings before tax for the fiscal year 2024, with the group's projected earnings before tax being around HKD 1.287 billion [1] - The company indicated that the business operations of Rizhao Shihua may face restrictions following its inclusion in the SDN list, potentially impacting the overall performance of the group [1]

Core Viewpoint - Sinopec Kantons Holdings (00934) announced that the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has placed Rizhao Shihua Oil Terminal Co., Ltd. (in which the company holds a 50% stake) on the Specially Designated Nationals (SDN) list, which may impact the company's overall performance [1] Financial Impact - Rizhao Shihua is primarily engaged in the operation of oil terminals and related facilities, contributing approximately 12% to the company's pre-tax profit for the fiscal year 2024, which is estimated to be around HKD 1.287 billion [1] - Following the inclusion of Rizhao Shihua on the SDN list, the company anticipates potential restrictions on its related business, which could adversely affect the overall performance of the group [1] Operational Status - The company's other business operations remain normal despite the developments concerning Rizhao Shihua [1]

Core Viewpoint - Sinopec Kantons Holdings (00934.HK) has been impacted by the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) listing of Rizhao Shihua Oil Terminal Co., Ltd. as a Specially Designated National (SDN), which may restrict its operations and affect overall performance [1] Financial Impact - Rizhao Shihua, in which the company holds a 50% stake, is projected to contribute approximately 12% to the group's profit before tax for the fiscal year 2024, which is estimated at around HKD 1.287 billion [1] - The company anticipates that the listing may lead to restrictions on Rizhao Shihua's operations, potentially impacting the group's overall financial performance [1] Operational Status - Despite the challenges posed by the SDN listing, the company's other business operations are reported to be functioning normally [1]