Announcement on Abnormal Fluctuations in Stock Trading
Securities Code: 002323
Securities Abbreviation: *ST Yabo
Announcement Number: 2026-027
Shandong Yabo Technology Co., Ltd. and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Special Reminder:
- The stock trading price of Shandong Yabo Technology Co., Ltd. (hereinafter referred to as "the Company") has recently fluctuated significantly, with the risk of a rapid decline due to overheated market sentiment and irrational speculation. The cumulative deviation of the closing price increase over two consecutive trading days (May 29, 2026, and June 1, 2026) exceeded 12%. According to the relevant provisions of the "Shenzhen Stock Exchange Trading Rules," this constitutes a case of abnormal stock trading fluctuations. Investors are advised to pay attention to secondary market trading risks, invest rationally, and make prudent decisions.
- The Company is experiencing operating losses and a tight cash flow. The net profit attributable to shareholders of the listed company for the year 2025, after deducting non-recurring gains and losses, was approximately -178 million yuan, and the operating revenue for 2025 was approximately 293 million yuan. The net assets attributable to shareholders of the listed company at the end of 2025 were approximately 203 million yuan, with a cash balance of approximately 53.13 million yuan. For the first quarter of 2026, the net profit attributable to shareholders of the listed company was approximately -11.14 million yuan, and the net assets at the end of the first quarter were approximately 192 million yuan.
- The Company’s stock faces the risk of delisting. Due to negative values in total profit, net profit, and net profit after deducting non-recurring gains and losses for the year 2025, and operating revenue below 300 million yuan, the Shenzhen Stock Exchange has implemented special treatment of "delisting risk warning" for the Company's stock trading since April 30, 2026, in accordance with Article 9.3.1 of the "Shenzhen Stock Exchange Stock Listing Rules." Although the Board of Directors has formulated specific measures to strive for the cancellation of the delisting risk warning, the ultimate realization is subject to various internal and external factors, and there is uncertainty in the execution of related work. Investors are advised to pay attention to investment risks. If the Company encounters any of the situations specified in Article 9.3.12 of the "Shenzhen Stock Exchange Stock Listing Rules" in 2026, the Company’s stock may be delisted. Investors are urged to invest rationally and pay attention to risks.