002323SZSE

Announcement on Abnormal Fluctuations in Stock Trading

*ST Yabo Co., Ltd.·

✨ AI Summary

Shandong Yabao Technology Co., Ltd. announces abnormal stock trading fluctuations, with a cumulative price drop exceeding 12% over two trading days. The company has investigated and confirmed no undisclosed material information or significant changes in operations. The stock is subject to a delisting risk warning, with a daily trading limit of 5%. Investors are advised to invest rationally.

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Securities Code: 002323 Securities Abbreviation: *ST Yabao Announcement No.: 2026-020

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

The Company and 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. Introduction to Abnormal Stock Trading Fluctuations

Shandong Yabao Technology Co., Ltd. (Securities Name: *ST Yabao, Securities Code: 002323) experienced a cumulative closing price drop exceeding 12% over two consecutive trading days (April 30, 2026, and May 6, 2026). In accordance with the "Trading Rules of Shenzhen Stock Exchange," this constitutes abnormal stock trading fluctuations.

II. Explanation of Attention and Verification

Regarding the abnormal fluctuations in the Company's stock trading, the Company has investigated relevant matters and inquired with the Company's 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 in recent public media reports that could 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 its controlling shareholder have no material undisclosed matters concerning the Company, nor are they in the planning stage of any material matters.
  5. Upon inquiry, the Company's controlling shareholder and actual controller did not trade the Company's stock during the period of abnormal stock trading.
  6. Upon self-inspection, the Company has not violated any provisions regarding fair disclosure of information.

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