Shandong Molong Petroleum Machinery (00568): A-share trading abnormal fluctuations, short-term fluctuations in international crude oil market prices have no substantial positive impact on the company's performance.

Shandong Molong Petroleum Machinery (00568) announced that the closing price of the company's A shares (stock abbreviation: Shandong Molong Petroleum Machinery, stock code: 002490) has deviated by more than 20% for three consecutive trading days (March 4, 2026, March 5, 2026, March 6, 2026). According to the rules of the Shenzhen Stock Exchange, this situation falls under abnormal stock trading volatility. The closing price deviation of the company's A shares has reached 52.37% for five consecutive trading days since March 2, 2026, indicating market sentiment overheating and irrational speculation risks. The company's production and operation activities are normal, and the short-term fluctuations in international crude oil market prices do not bring substantial benefits to the company's performance. Investors are advised to make rational decisions, invest cautiously, and be aware of secondary market trading risks. In response to the abnormal stock trading volatility, the company's board of directors has verified with the company's controlling shareholder and actual controller through inquiries that: 1. There is no need to correct or supplement the information disclosed by the company in the past; 2. The company has not found any recently publicized information that may have a significant impact on the company's stock trading price; 3. There have been no significant changes in the company's production and operation situation or internal and external business environment recently or expected in the near future; 4. There are no significant undisclosed matters related to the company, its controlling shareholder, or actual controller that should have been disclosed. The controlling shareholder and actual controller have not engaged in buying or selling the company's stock during the period of abnormal stock trading.