CHENMING PAPER (01812) has issued an announcement stating that its A-share stock (Securities Code: 000488, Stock Abbreviation: ST CHENMING) recorded a cumulative deviation in closing price exceeding 12% over two consecutive trading days on March 16, 2026, and March 17, 2026. According to the relevant rules of the Shenzhen Stock Exchange, this constitutes a significant stock price fluctuation. As of the date of this announcement, the company's Shouguang, Huanggang, Jiangxi, Jilin, and Zhanjiang production bases have fully resumed operations, with overall production capacity restored to 100%. The company's board of directors confirms that there are currently no undisclosed material matters, or any related planning, discussions, intentions, or agreements that should be disclosed under the Shenzhen Stock Exchange listing rules. The board is also unaware of any undisclosed information that could significantly impact the trading price of the company's stock and its derivatives. There are no corrections or supplements required for previously disclosed information.