New Classic: Abnormal stock trading fluctuations, no major undisclosed matters requiring disclosure
New Classic announced that the company's stock closing prices on October 16, October 19, and October 20, 2026 deviated cumulatively by more than 20% over three consecutive trading days, constituting an abnormal fluctuation in stock trading. Following a self-examination and written inquiries to the controlling shareholder and actual controller, as of the date of this announcement, the company's production and operations are normal, its main business and fundamentals have not changed, there have been no major adjustments to the market environment or industry policies, and there is no major information that should be disclosed but has not been disclosed. Neither the directors, supervisors, and senior management nor the controlling shareholder and actual controller traded the company's shares during the period of abnormal fluctuation. Investors are advised to be aware of secondary market trading risks and to invest rationally.
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