001299SZSE

Announcement on Abnormal Fluctuations in Stock Trading

MeiNeng Energy Co., Ltd.·

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Shaanxi Me Neng Clean Energy Group Co., Ltd. announces abnormal stock trading fluctuations. The stock's closing price increased by over 20% in two consecutive trading days. The company has investigated and confirmed no undisclosed material information or significant changes affecting its operations or stock price. Investors are advised to invest rationally and be aware of risks.

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Securities Code: 001299 Securities Abbreviation: Me Neng Energy Announcement No.: 2026-00

Shaanxi Me Neng Clean Energy Group Co., Ltd. Announcement on Abnormal Fluctuations in Stock Trading

The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.

I. Abnormal Fluctuations in Stock Trading

The stock of Shaanxi Me Neng Clean Energy Group Co., Ltd. (hereinafter referred to as the "Company" or "this Company") (Securities Abbreviation: Me Neng Energy, Securities Code: 001299) experienced a cumulative increase in closing price deviation of over 20% for two consecutive trading days on December 30, 2025, and December 31, 2025. In accordance with the relevant provisions of the "Trading Rules of Shenzhen Stock Exchange," this constitutes an abnormal fluctuation in stock trading.

II. Company's Attention and Verification of Circumstances

Regarding the abnormal fluctuations in the Company's stock trading, the Company has conducted self-inspection and sent letters to its controlling shareholder and actual controller for verification. The relevant circumstances are as follows:

(I) The information previously disclosed by the Company does not require correction or supplementation;

(II) The Company has not found any recent public media reports that may have had a significant impact on the Company's stock trading price, which are not publicly disclosed;

(III) There have been no significant changes in the Company's operating conditions or internal and external operating environment recently;

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