Zhejiang Shibao (01057) A-shares stock trading abnormal fluctuations exist undisclosed information that should be disclosed but has not been disclosed

Zhejiang Shibao (01057) announced that the closing price of the company's A shares (security code: 002703, security abbreviation: Zhejiang Shibao) has deviated by more than +20% for three consecutive trading days (May 21, 2026, May 22, 2026, May 25, 2026). The recent operating conditions of the company are normal, and there have been no major changes in the internal and external operating environment. Upon self-inspection, the controlling shareholder of the company, Zhejiang Shibao Holdings Group Co., Ltd. (referred to as "Shibao Holdings"), reduced its A-share holdings by a total of 9.128 million shares on May 22, 2026, accounting for 1.11% of the company's total share capital. The reduction is in accordance with the disclosed reduction plan. The board of directors confirms that the company currently has no undisclosed matters that should be disclosed in accordance with the Shenzhen Stock Exchange's "Stock Listing Rules" or any related planning, discussions, intentions, agreements, etc. The board of directors has also not received any information that should be disclosed in accordance with the Shenzhen Stock Exchange's "Stock Listing Rules" that could have a significant impact on the trading price of the company's stock and its derivatives. There is no need to correct or supplement the information disclosed by the company in the past.