Hainan Strait Shipping addresses stock movement after 20% price deviation

Hainan Strait Shipping Co. reported that its stock price deviated by more than 20% over two consecutive trading days on October 16 and October 17, 2025, triggering an abnormal fluctuation disclosure. The company confirmed that previously disclosed information remains accurate and complete, with no corrections or additions needed. Furthermore, no undisclosed major information that could significantly impact the stock price has been identified.

The company stated that its production and operations are normal, with no significant changes in the internal or external operating environment. Neither the company, its controlling shareholder, nor its indirect controlling shareholder are aware of any major undisclosed matters or matters in the planning stage. A check confirmed that the company's controlling shareholder and indirect controlling shareholder did not buy or sell company shares during the period of abnormal stock fluctuations.

Hainan Strait Shipping's board of directors verified that there are no unannounced matters, plans, discussions, intentions, or agreements that require disclosure under Shenzhen Stock Exchange regulations. The company's third-quarter report for 2025 is scheduled for release on October 28, and it will be disclosed in accordance with relevant regulations.