Tongcheng New Materials: Abnormal fluctuations in stock trading, with the P/E ratio higher than the industry average.

Tongcheng New Materials announced that the company's stock price showed abnormal fluctuations on June 24th, 25th, and 26th, 2026, with the cumulative deviation of the closing price exceeding 20% for three consecutive trading days. After self-examination, the company's operations are normal, with no undisclosed significant issues other than the progress of issuing foreign-listed shares. As of June 25th, the company's trailing P/E ratio was 82.22 times, higher than the industry average of 28.77 times, reminding investors to pay attention to trading risks.