CHINA RISUN GP (01907) rose more than 11%, with the stock up 11.28% to HK$2.86 at the time of writing, recording a turnover of HK$101 million. Recent geopolitical tensions in the Middle East have driven up chemical product prices, with the main methanol futures contract hitting the upside limit during the morning session. Additionally, CITIC Securities noted that rising oil prices could make coal chemical production an important factor in transmitting domestic coal price trends. The Middle East is a major source of China's methanol imports, and if regional logistics are disrupted by conflict, demand for coal-based methanol production domestically could increase further, potentially benefiting coal consumption for methanol more significantly. According to Frost & Sullivan's 2024 industry report, CHINA RISUN GP is the world's largest independent coke producer and supplier; the largest processor of crude benzene from coking, the second-largest processor of high-temperature coal tar, the second-largest caprolactam producer by capacity, and also China's largest producer of phthalic anhydride from industrial naphthalene and methanol from coke oven gas; as well as the largest supplier of high-purity hydrogen in the Beijing-Tianjin-Hebei region by output.