Shangwei New Materials: Stock trading abnormally fluctuates will be halted for investigation.

Shangwei New Materials announced that the company's stock has experienced multiple instances of abnormal fluctuations and severe abnormal fluctuations in trading from July 9th to July 30th, 2025. The company will suspend trading from July 31st, with an expected suspension period of no more than 3 trading days. The company's fundamentals have not changed significantly, but the stock price has deviated severely from the fundamentals, and investors participating in trading may face significant market risks. In addition, the company's stock price has risen significantly higher than the relevant index during the same period, turnover is significantly higher than previous levels, and the P/E ratio is significantly higher than the industry average. The company's main business and operations have not changed significantly, and there are no plans for asset restructuring by the acquirer in the next twelve months, but there is still significant uncertainty and risk in the change of control.