Hainan Haiyao: The stock has deviated from the normal range for two consecutive days with a cumulative increase of over 20%, indicating risks.

Hainan Haiyao announced that the company's stock price deviated by more than 20% from the closing prices on November 14 and November 17, 2025, for two consecutive trading days, which is considered abnormal volatility. After verification, the company's previous disclosed information does not require correction or supplementation, the recent operations are normal, and there have been no major changes in internal or external environment. The company, controlling shareholders, and actual controller have not withheld any major undisclosed information that should be disclosed. The company reminds investors to rely on designated media announcements for information.