Group 1 - The announcement details the implementation of a new natural gas pipeline transportation price in Shaanxi Province, effective from June 1, 2025, with a reduction of 3.86 cents per cubic meter, rounded to 3.9 cents [1][2] - The price adjustment is part of the broader energy price reform initiated by the 20th National Congress of the Communist Party of China, aimed at enhancing the regulation of natural gas transportation prices [1][2] - The company anticipates a decrease in operating revenue of approximately 262 million yuan and a reduction in net profit of about 223 million yuan due to the new pricing policy [2] Group 2 - Local authorities are required to adjust urban pipeline gas distribution prices and establish a price linkage mechanism to ensure that the benefits of the transportation price reduction are passed on to end users [2] - Natural gas production and operation enterprises must strictly adhere to the new pricing policy, and local development and reform departments are tasked with effective policy communication and implementation [2]

Core Viewpoint - The company will implement a new natural gas pipeline transportation price in Shaanxi Province starting June 1, 2025, which is expected to reduce its net profit by approximately 223 million yuan in 2025 [1] Financial Impact - The price adjustment is anticipated to lead to a decrease in the company's operating revenue by about 262 million yuan in 2025 [1] - The projected net profit reduction of 223 million yuan represents a significant impact on the company's financial performance for that year [1]