Hongyuan Green Energy shares experience abnormal fluctuation, company issues statement

Hongyuan Green Energy's A-shares registered an abnormal price fluctuation, with the cumulative deviation of the closing price over three consecutive trading days (October 29, October 30, and October 31, 2025) exceeding 20%. This triggers an abnormal trading situation as per Shanghai Stock Exchange rules.

The company conducted an internal review and consulted with its controlling shareholder and actual controller. No undisclosed major events, such as significant asset restructurings, share issuances, major transactions, or business reorganizations, were identified that would require disclosure. The company also confirmed its production and operations remain normal, with no material changes in market environment or industry policies.

Despite the recent surge, Hongyuan Green Energy cautions investors about potential downside risks due to the rapid short-term increase in its stock price. The company assures all disclosed information is current and accurate, with no corrections or supplementary details needed.