Tianyang New Materials: Significant increase in stock price raises risk awareness; Q1 revenue decreased by 28.53% year-on-year.

Tianyang New Materials announced that from August 11 to 14, 2026, the company's stock price had a cumulative increase of 34.34% over four consecutive trading days, deviating from the market index by 35.34%. However, the fundamentals have not changed, and there may be risks of irrational speculation and a drop in stock price. In the fiscal year 2025, the company reported a net loss of 244 million yuan, with a net loss of 249 million yuan after excluding non-recurring items. In the first quarter of 2026, the company achieved a revenue of 157 million yuan, a year-on-year decline of 28.53%. There have been no significant changes in the company's operations, and there are no undisclosed matters that should be disclosed.