Core Viewpoint - ShenKong Co., Ltd. (002278.SZ) experienced significant stock price volatility, opening at a limit down but closing at a limit up, marking a 70% increase over six trading days, reaching a nearly eight-year high [2] Group 1: Company Performance - As of the close, the stock price was 15.88 yuan per share, with a trading volume of 28.20 million yuan and a turnover rate exceeding 57% [2] - The company reported that its overseas revenue proportion reached 33.58% in the first half of 2025, a 107.20% increase year-on-year, with ongoing optimization of overseas gross profit margins [2] - In the third quarter, the company reported a net profit attributable to shareholders of 239.94 thousand yuan, a decline of over 75% year-on-year, primarily due to long payment terms with major clients [3] Group 2: Market and Business Environment - ShenKong has been actively involved in the Russian market, facing challenges due to international financial settlement issues, but remains focused on commercial opportunities while ensuring asset safety [2] - The company has successfully entered over 50 countries and regions, benefiting from national policies that have increased commercial opportunities in key overseas oil and gas markets [2] - The recent surge in the commercial aerospace sector has also positively impacted ShenKong, as it has invested in HanQing Power, which specializes in hydrogen energy and commercial aerospace [3]

Core Viewpoint - The company has a long-standing presence in the Russian market, which is one of its earliest overseas expansions, and its oil and gas exploration and development equipment is well-regarded locally [1] Group 1 - The company has faced challenges in conducting business in Russia due to the impact of international financial settlements [1] - The company remains vigilant regarding local business opportunities and non-commercial factors, ensuring the safety of its assets while adapting its trade activities with Russia [1]

Core Viewpoint - The company has faced challenges in its operations in the Russian market due to international financial settlement issues, despite having a strong reputation for its oil and gas exploration and development equipment in the region [1] Group 1: Company Operations - The Russian market is one of the earliest overseas markets that the company has expanded into [1] - The company has a good reputation for its various oil and gas exploration and development equipment in Russia [1] Group 2: Market Challenges - Recent international financial settlement issues have hindered the company's business operations in Russia [1] - The company remains vigilant regarding local business opportunities and non-commercial factors affecting its operations [1] Group 3: Strategic Approach - The company is committed to ensuring the safety of its assets while adapting its trade activities with Russia according to changing circumstances [1]