Stock Code: 000595 Stock Abbreviation: Baota Industrial Announcement No.: 2026-057
Ningxia Guoyun New Energy Co., Ltd.
Announcement on Abnormal Stock Trading Fluctuations
The Company and all members of the Board of Directors guarantee the content of the information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
I. Description of Abnormal Stock Trading Fluctuations
Ningxia Guoyun New Energy Co., Ltd. (hereinafter referred to as the "Company") (Stock Abbreviation: Baota Industrial, Stock Code: 000595) experienced a cumulative deviation from the closing price increase for two consecutive trading days, July 2nd and July 3rd, reaching 23.24%. In accordance with the "Shenzhen Stock Exchange Stock Listing Rules" (hereinafter referred to as the "Listing Rules"), this constitutes abnormal stock price fluctuations.
II. Company's Attention and Verification of Relevant Matters
Regarding the abnormal stock trading fluctuations of the Company, the Company has investigated relevant matters and sent written inquiries to the Company's controlling shareholder, Ningxia Electric Power Investment Group Co., Ltd. (hereinafter referred to as "Ningxia Electric Power"), its concerted party Ningxia State-owned Capital Operation Group Co., Ltd. (hereinafter referred to as "Ningguo Yun"), and Ningxia Electric Power Heating Co., Ltd. (hereinafter referred to as "Electric Power Heating"), as well as Baota Petrochemical Group Co., Ltd. (hereinafter referred to as "Baota Petrochemical"), a shareholder holding more than 5% of the shares. The relevant situation is hereby explained as follows: