Xin Beiyang: The current operating situation is normal, and there has been no significant change in the internal and external operating environment.

On June 12th, Xin Beiyang announced that the company's stock trading price has deviated by more than 20% for two consecutive trading days, which falls under the category of abnormal fluctuations in stock trading according to the rules of the Shenzhen Stock Exchange. Upon verification, the company has not found any information disclosed earlier that requires correction or supplementation. The company's current operating conditions are normal, with no significant changes in both internal and external operating environments. The company has not found any recent public media reports that may have had a significant impact on the trading price of the company's stock due to undisclosed major information. There are no major issues that the company, its largest shareholder, or its concerted actors are obliged to disclose but have not disclosed, or major issues that are in the planning stage.