China BlueChemical Ltd. Issues Voluntary Clarification on Urea Export Market Rumours

Key Points from the Announcement

• Company: China BlueChemical Ltd. (Stock Code: 3983)
• Date of Announcement: 28 April 2026
• Nature: Voluntary clarification to the market
• Issue Addressed: Market rumours regarding the Company’s alleged participation and success in a recent global urea tender procurement project in India
• Official Statement: The Company categorically states it did not participate in the tender, either directly or through any third party, and has not won any bid or signed any contract related to this project
• Investor Guidance: Shareholders and potential investors are advised to rely only on official Company announcements and not on unofficial sources, social media, or unverified information

Important Information for Shareholders and Investors

This announcement is relevant for all shareholders and potential investors because it directly addresses rumours that could have influenced the share price of China BlueChemical Ltd. If the Company had indeed secured a major export contract for urea in India, it might have impacted revenue forecasts, international exposure, and overall growth prospects. However, the Board’s clarification confirms that no such contract exists and that the Company was not involved in the procurement process whatsoever.

The Company also emphasizes the importance of relying solely on official communications for investment decisions. It warns against acting on information from unauthorised websites, social media, or other unverified sources. This is critical, as misinformation could lead to unwarranted speculation or volatility in the Company’s share price.

Potential Price Sensitivity

The clarification may affect share price by removing speculative optimism or uncertainty related to the potential Indian urea tender. Investors who may have bought shares in anticipation of a positive contract announcement should take note that no such contract exists. This announcement could therefore help stabilize the share price by dispelling false information and reducing unwarranted market volatility.

Additionally, the Company urges investors to exercise caution when dealing in its securities, highlighting the potential risks of acting on market rumours.

Board Composition and Company Secretary

• Executive Directors: Mr. Hou Xiaofeng, Mr. Rao Shicai, Ms. He Qunhui
• Non-Executive Directors: Ms. Shao Lihua, Mr. He Qizhong
• Independent Non-Executive Directors: Mr. Lin Feng, Mr. Xie Dong, Mr. Yang Wanhong
• Company Secretary: Kuang Xiaobing

Conclusion

China BlueChemical Ltd.’s voluntary clarification is a proactive step to ensure transparency and protect investor interests amidst circulating market rumours. Investors are reminded to exercise caution, rely on official sources, and avoid speculation based on unverified information.

Disclaimer

This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research and consult with professional financial advisers before making any investment decisions. The information presented is based on the Company’s official announcement and aims to provide clarity on recent market rumours.

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