Zhangwang Fabric: Stocks have deviated more than 20% from their three-day consecutive gains, indicating investment risks.

Zhongwang Fabric announced that the closing price of the company's stock deviated by more than 20% for three consecutive trading days from December 24th to 26th, 2025, which is considered abnormal fluctuations. After self-inspection and verification with the controlling shareholder and actual controller, as of the disclosure date of the announcement, there is no significant undisclosed information that should be disclosed, and the production and operation are normal. There are no major issues or hot concepts involved. During the abnormal price movement period, the board of directors, senior management, and controlling shareholders did not buy or sell company stocks. The company reminds investors to pay attention to trading risks. The company achieved a revenue of 373 million yuan from January to September 2025, a decrease of 3.04% year-on-year, and a net profit of 52 million yuan, a decrease of 22.47% year-on-year.