002323SZSE

Announcement on Abnormal Fluctuations in Stock Trading

*ST Yabo Co., Ltd.·

✨ AI Summary

This announcement addresses abnormal stock trading fluctuations for Shandong Yabao Technology Co., Ltd. The company confirms no undisclosed material information, no significant changes in operations, and that controlling shareholders did not trade shares during the period. All information disclosed is accurate and complete. Investors are advised to invest rationally.

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Securities Code: 002323 Securities Abbreviation: Yabao Shares Announcement No.: 2026-004

Shandong Yabao Technology Co., Ltd. Announcement on Abnormal Fluctuations in Stock Trading

The Company and the Board of Directors guarantee the authenticity, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or major omissions.

I. Introduction to Abnormal Stock Trading Fluctuations

Shandong Yabao Technology Co., Ltd. (hereinafter referred to as the "Company") (Securities Name: Yabao Shares, Securities Code: 002323) experienced cumulative daily closing price deviation exceeding 20% for three consecutive trading days (March 13, 2026, March 16, 2026, and March 17, 2026). According to the "Trading Rules of Shenzhen Stock Exchange," this constitutes abnormal stock trading fluctuations.

II. Explanation of Attention and Verification

In response to the abnormal fluctuations in the Company's stock trading, the Company has investigated relevant matters and inquired with the controlling shareholder. The relevant matters are explained as follows:

  1. Upon verification, the information previously disclosed by the Company does not require correction or supplementation.
  2. Upon verification, the Company has not found any undisclosed material information recently reported by public media that may have had or has had a significant impact on the Company's stock trading price.
  3. Upon verification, there have been no significant changes in the Company's operating conditions or its internal and external operating environment.
  4. The Company and the controlling shareholder have no undisclosed material matters concerning the Company, or are not in the process of planning any material matters.
  5. Upon inquiry, the controlling shareholder and the actual controller did not buy or sell Company shares during the period of abnormal stock trading of the Company.
  6. Upon self-inspection by the Company, the Company has not violated any information disclosure fairness.

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