According to the Zhitong Finance APP, KMCL (600579.SH) issued a risk warning announcement stating that the transaction planned by the company and its related shareholder Sinochem Equipment (Hong Kong) Limited (hereinafter referred to as "Equipment Hong Kong") to convert Equipment Hong Kong's debt to its wholly-owned subsidiary China National Chemical Equipment (Luxembourg) S.à.r.l. (hereinafter referred to as "Equipment Luxembourg") into equity has been approved by the boards of directors of the company, Equipment Hong Kong, and Equipment Luxembourg. The parties involved in this transaction have signed a package transaction agreement that has obtained the necessary internal approvals and authorizations, and it is pending approval from the shareholders' meeting of Equipment Luxembourg and the company before it can be implemented. There is still some uncertainty regarding whether the relevant approval procedures for this transaction can be passed and the time it will take to do so. If this transaction cannot be completed within this accounting year, and as of the end of this accounting year, the equity attributable to shareholders of the parent company remains negative, according to Article 9.3.2, Paragraph 1, Item (2) of the "Shanghai Stock Exchange Stock Listing Rules (Revised in April 2024)," there is a risk that the company's stock trading may be subject to delisting risk warnings by the Shanghai Stock Exchange, reminding investors to pay attention to investment risks