Li and Xing: Abnormal fluctuations in stock trading do not involve undisclosed matters that should be disclosed.

Lihe Xing announced that the company's stock experienced abnormal fluctuations from May 20th to May 22nd, 2026, with the closing price deviating more than 30% for three consecutive trading days. After verification, it was found that there were no corrections or supplements to the company's previous disclosures, no undisclosed major information affecting stock prices, no changes in business or internal and external environment, and no significant matters that should have been disclosed but were not. It was also confirmed that relevant personnel did not buy or sell the company's stock during the abnormal fluctuations. The company has terminated the private placement plan for the year 2025. As of May 22nd, the company's closing price was 42.84 yuan per share, with a significantly higher rolling P/E ratio and P/B ratio compared to the industry average. Investors are reminded to invest rationally.