South Asia New Materials: The stock price has risen by a cumulative 30% for three consecutive days. The company's directors Zhang Dong, Zheng Xiaoyuan, Geng Hongbin, and Cui Ronghua collectively reduced their holdings by 255,000 shares.

Announcement from Nan-Ya New Materials: The company's stock has experienced abnormal fluctuations, with the closing price deviating by 30% over the course of three consecutive trading days. After conducting a self-audit and seeking verification from the controlling shareholder and actual controller, it has been confirmed that the company's production and operations are currently normal, with no major changes or significant events that would affect the abnormal fluctuations in stock trading. Additionally, there are no other significant undisclosed information. Directors Zhang Dong, Zheng Xiaoyuan, Geng Hongbin, and Cui Ronghua have each reduced their holdings by 30,000 shares, 39,215 shares, 90,000 shares, and 96,600 shares respectively, while supervisor Chen Xiaodong has decreased his holdings by 4,400 shares.