Announcement on Abnormal Stock Trading Fluctuations

Securities Code: 002328 Securities Abbreviation: Xinpeng Shares Announcement No.: 2026-004 Shanghai Xinpeng Industrial Co., Ltd. Announcement on Abnormal Stock Trading Fluctuations

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

I. Introduction to Abnormal Stock Trading Fluctuations

The stock of Shanghai Xinpeng Industrial Co., Ltd. (hereinafter referred to as the "Company") (Securities Abbreviation: Xinpeng Shares, Securities Code: 002328) experienced a cumulative increase in closing price deviation exceeding 20% for three consecutive trading days on April 13, 2026, April 14, 2026, and April 15, 2026. In accordance with the "Trading Rules of Shenzhen Stock Exchange," this constitutes abnormal stock trading fluctuations.

II. Company's Attention and Verification of Circumstances

Regarding the abnormal fluctuations in the Company's stock price, the Company's Board of Directors has investigated the Company's own situation and verified with the controlling shareholder, actual controller, all directors, and senior management regarding relevant matters. The specific circumstances are as follows:

1. The information previously disclosed by the Company does not require correction or supplementation.
2. The Company has not found any recent public media reports that may have had a significant impact on the Company's stock trading price that has not been disclosed.
3. The Company's recent operating situation is normal, and there have been no significant changes in the internal or external operating environment.
4. After verification, the Company, the controlling shareholder, and the actual controller have no undisclosed material matters or material matters under planning related to the Company.
5. After verification, the controlling shareholder, the actual controller, directors, and senior management of the Company did not trade the Company's stock during the period of abnormal stock trading fluctuations.