Zhejiang Shibao (01057) A shares experience abnormal fluctuations in stock trading, there are no major issues that should be disclosed but have not been disclosed.

Zhejiang Shibao (01057) announced that the closing price of the company's A shares (Securities Code: 002703, Securities Abbreviation: Zhejiang Shibao) has deviated by more than +20% for three consecutive trading days (December 24, 2025, December 25, 2025, December 26, 2025). In response to the abnormal fluctuations in the company's A share stock, the company's board of directors conducted a verification of the relevant matters, and hereby explains the situation as follows: 1. As of the date of this announcement, there is no need to correct or supplement the information disclosed by the company in the past; 2. The company has not found any recent public media reports of undisclosed material information that may have significantly impacted the company's stock trading price; 3. The company's recent business operations are normal, and there have been no significant changes in the internal and external operating environment; 4. Through self-inspection, the company, the controlling shareholder, and the actual controller have not found any major issues that should be disclosed but have not been disclosed, or major issues in the planning stage; 5. Through self-inspection, the controlling shareholder and actual controller have not engaged in buying or selling the company's shares during the period of abnormal stock trading.