Hainan Haiyao: Abnormal stock trading fluctuations expected to result in a loss of 150-220 million yuan in the first half of the year.

Hainan Haiyao announced that the closing price of the company's stock on July 15th and July 16th, 2026, increased by more than 20% for two consecutive trading days, which was considered abnormal volatility. After verification, the company stated that there was no need to correct or supplement the previously disclosed information, and that the recent operations were normal with no significant changes in internal or external environment. In the first half of 2026, the company is expected to incur a net loss of 1.5-2.2 billion yuan, with a significantly higher price-to-book ratio compared to its peers. The company, its controlling shareholder, and its ultimate controller have not withheld any major undisclosed information, and did not trade the company's stock during the period of abnormal volatility.