Ruifeng New Materials responds to being included in the EU sanctions list.

Ruifeng Materials announced on June 17 that the company has recently noticed that the European Council approved the latest round of sanctions against Russia on June 15, 2026. According to the official documents published by the European Union, the company has been included in the EU sanctions list. The sanctions claim that "the company is one of the largest distributors of lubricant additives in China, supplying chemical additives for lubricants used in Russian military machinery. Therefore, the company is considered to be supporting the Russian military-industrial complex."