Ningbo Marine stock experiences abnormal trading fluctuations

Ningbo Marine Co., Ltd. announced that its stock experienced abnormal trading fluctuations, triggering a regulatory alert from the Shanghai Stock Exchange. Over the three trading days from May 12 to May 14, 2025, the cumulative deviation of the closing price exceeded 20%. The company confirmed that it is operating normally and is unaware of any undisclosed material information or pending significant corporate actions. Ningbo Marine's first-quarter report for 2025 showed a net loss attributable to shareholders of CNY -4,645.13 million, and a net loss attributable to shareholders after deducting non-recurring gains and losses of CNY -4,659.58 million. The company advises investors to be aware of secondary market trading risks and exercise caution.