[Zhenyang Development: The temporary suspension of PVC equipment is expected to be no more than 4 months] On September 18, Zhenyang Development (603213.SH) announced that due to the impact of geopolitical conflicts in the Middle East, the price of ethylene, the main raw material, continues to rise, product costs increase, and operating benefits are poor. In order to reduce operating losses and improve device performance, the company plans to temporarily suspend production of the new vinyl material device (PVC device) with an annual output of 300,000 tons and conduct maintenance of major equipment. The suspension of production will begin on September 19, 2026 and is expected to last no more than 4 months. During the shutdown period, other devices will operate normally, which is expected to have a certain impact on revenue, but it will reduce operating losses and will not have an adverse impact on long-term development.