New TAL: There have been no significant changes in the operating environment.

The latest announcement from Xin Tonglian stated that the company's stock has experienced abnormal trading fluctuations, with the closing price deviating by over 20% for two consecutive trading days on June 20 and June 23, 2025. However, the company's production and business operations are currently normal, with no significant changes in the operating environment. There have been no major adjustments in the market environment or industry policies, and production costs and sales have not seen significant fluctuations. Internal production and business operations are in order, with normal fulfillment of related orders and contracts. After verification, the company has not found any need to clarify or respond to media reports or market rumors that may have affected the company's stock price, nor is the company involved in any market hot topics or concepts.