Hengbo Co., Ltd.: At present, production and business operations are normal, and there are no significant undisclosed matters that should be disclosed.

Hengbo Group issued an announcement on September 9th, stating that the company's stock price has deviated by more than 30% for three consecutive trading days, which falls under the abnormal fluctuation in stock trading as per the rules of the Shenzhen Stock Exchange. Upon verification, there have been no significant changes in the company's operations or internal and external operating environment. There are no undisclosed major issues related to the company, its controlling shareholders, or actual controllers, nor are there any significant issues in the planning stage. The company has not found any recent public media reports that may have a significant impact on the trading price of its stock. Also, the controlling shareholders and actual controllers of the company have not been trading the company's stocks during the period of abnormal movements in stock prices.