China Merchants Steam Navigation: The stock price has deviated more than 20% for three consecutive days, indicating trading risks.

China Merchants Group announced that the closing price of the company's stock has deviated by more than 20% for three consecutive trading days from February 24th to 26th, 2026, which is considered abnormal volatility. After self-examination and verification with the controlling shareholder and actual controller, it was found that there is no undisclosed information other than what has already been disclosed. The company's production and operation have been normal recently, with no major events planned, and there is no need to clarify media reports. In addition, Wang Yongxin and four other senior executives plan to reduce their holdings by a total of no more than 648,612 shares from February 4th to April 30th, accounting for no more than 0.008033% of the total share capital, and the reduction will be carried out as planned. The company reminds of the risks associated with freight rates and stock price fluctuations.