SINOPEC KANTONS (00934): Rizhao Shihua Added to OFAC SDN List

Stock News

Oct 13

SINOPEC KANTONS (00934) announced that the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has placed Rizhao Shihua Crude Oil Terminal Co., Ltd. (Rizhao Shihua) on the Specially Designated Nationals (SDN) list. The company holds a 50% stake in Rizhao Shihua.

Rizhao Shihua primarily operates crude oil terminal and supporting facilities business. During fiscal year 2024, investment income generated by Rizhao Shihua for the company represented approximately 12% of the group's profit before income tax, while the group's profit before income tax for fiscal year 2024 was approximately HK$1.287 billion.

According to the company's preliminary assessment, following Rizhao Shihua's inclusion on the SDN list, its related business operations may face restrictions, which could subsequently impact the group's overall performance. The group's other business operations continue to function normally.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1172302913"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1172302913\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1172302913?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-10-13 19:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1172302913","market":"us","top_or_hot":-1,"title":"SINOPEC KANTONS (00934): Rizhao Shihua Added to OFAC SDN List","media":"Stock News","content":"<p>SINOPEC KANTONS (00934) announced that the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has placed Rizhao Shihua Crude Oil Terminal Co., Ltd. (Rizhao Shihua) on the Specially Designated Nationals (SDN) list. The company holds a 50% stake in Rizhao Shihua.</p>\n<p>Rizhao Shihua primarily operates crude oil terminal and supporting facilities business. During fiscal year 2024, investment income generated by Rizhao Shihua for the company represented approximately 12% of the group's profit before income tax, while the group's profit before income tax for fiscal year 2024 was approximately HK$1.287 billion.</p>\n<p>According to the company's preliminary assessment, following Rizhao Shihua's inclusion on the SDN list, its related business operations may face restrictions, which could subsequently impact the group's overall performance. The group's other business operations continue to function normally.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SINOPEC KANTONS (00934): Rizhao Shihua Added to OFAC SDN List</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSINOPEC KANTONS (00934): Rizhao Shihua Added to OFAC SDN List\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2025-10-13 19:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SINOPEC KANTONS (00934) announced that the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has placed Rizhao Shihua Crude Oil Terminal Co., Ltd. (Rizhao Shihua) on the Specially Designated Nationals (SDN) list. The company holds a 50% stake in Rizhao Shihua.</p>\n<p>Rizhao Shihua primarily operates crude oil terminal and supporting facilities business. During fiscal year 2024, investment income generated by Rizhao Shihua for the company represented approximately 12% of the group's profit before income tax, while the group's profit before income tax for fiscal year 2024 was approximately HK$1.287 billion.</p>\n<p>According to the company's preliminary assessment, following Rizhao Shihua's inclusion on the SDN list, its related business operations may face restrictions, which could subsequently impact the group's overall performance. The group's other business operations continue to function normally.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999001093.SGD","symbol_name":"United Greater China Fund A Acc SGD","start_time":0,"source_url":"","article_id":"1172302913","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1172302913","pubTimestamp":1760353220,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"SINOPEC KANTONS (00934) announced that the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has placed Rizhao Shihua Crude Oil Terminal Co., Ltd. (Rizhao Shihua) on the Specially...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SG9999001093.SGD":"United Greater China Fund A Acc SGD","00934":"中石化冠德","SG9999006597.SGD":"United China-India Dynamic Growth SGD","BK1166":"石油与天然气的储存和运输","SG9999001069.SGD":"UOB UNITED ASIA PACIFIC GROWTH (SGD) ACC"},"translate_title":"中石化冠德(00934)：日照实华加入OFAC SDN名单","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00934":1},"content_text":"SINOPEC KANTONS (00934) announced that the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has placed Rizhao Shihua Crude Oil Terminal Co., Ltd. (Rizhao Shihua) on the Specially Designated Nationals (SDN) list. The company holds a 50% stake in Rizhao Shihua.\nRizhao Shihua primarily operates crude oil terminal and supporting facilities business. During fiscal year 2024, investment income generated by Rizhao Shihua for the company represented approximately 12% of the group's profit before income tax, while the group's profit before income tax for fiscal year 2024 was approximately HK$1.287 billion.\nAccording to the company's preliminary assessment, following Rizhao Shihua's inclusion on the SDN list, its related business operations may face restrictions, which could subsequently impact the group's overall performance. The group's other business operations continue to function normally.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}