Sky Sovereign Insurance: Abnormal fluctuations in stock trading, warning of stock price speculation risks.

The announcement of Tianwei Insurance states that the closing price of the company's stock has deviated by more than 20% for three consecutive trading days on January 15, 16, and 19, which is considered abnormal volatility. After self-inspection and confirmation with the controlling shareholder, as of the date of the announcement, there is no significant undisclosed information that should be disclosed. Currently, the company's operations are normal, and no information affecting the stock price, such as media reports or market rumors, has been found. The directors, supervisors, and controlling shareholders of the company did not buy or sell the company's stock during the abnormal volatility period. As of the closing on January 19, the company's P/E ratio and P/B ratio are significantly higher than the industry average, suggesting the presence of speculative price risks.