Stock Code: 002323 Stock Abbreviation: *ST Yabao Announcement No.: 2026-021
Shandong Yabao Technology Co., Ltd. Announcement on Abnormal Fluctuations in Stock Trading
The Company and all members of the Board of Directors guarantee the content of the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
I. Introduction to Abnormal Stock Trading Fluctuations
The stock of Shandong Yabao Technology Co., Ltd. (Stock Name: *ST Yabao, Stock Code: 002323) experienced a cumulative deviation from the daily closing price of over 12% for three consecutive trading days (May 7, 2026, May 8, 2026, and May 11, 2026). According to the "Trading Rules of Shenzhen Stock Exchange," this constitutes an abnormal fluctuation in stock trading.
II. Explanation of Investigation and Verification
In response to the abnormal fluctuations in the Company's stock trading, the Company has investigated relevant matters and consulted with the controlling shareholder. The relevant matters are explained as follows:
- Upon verification, the information previously disclosed by the Company does not require correction or supplementation.
- Upon verification, the Company has not found any undisclosed material information recently reported by public media that may have or has had a significant impact on the Company's stock trading price.
- Upon verification, there have been no significant changes in the Company's operating conditions or its internal and external operating environment.
- The Company and its controlling shareholder have no material undisclosed matters concerning the Company.
- Upon inquiry, the controlling shareholder and actual controller did not buy or sell Company shares during the period of abnormal stock trading of the Company.
- Upon self-inspection, the Company has not violated any provisions regarding fair disclosure of information.