Chenming Paper announced that its B-share stock experienced abnormal price fluctuations. The cumulative deviation in the closing price over three consecutive trading days—February 13, February 24, and February 25, 2026—exceeded 12%, meeting the criteria for abnormal trading activity under the Shenzhen Stock Exchange rules.
The company confirmed the following: 1. There are no corrections or additions required to previously disclosed information. 2. No recent public media reports have contained undisclosed material information that could significantly affect the stock price. 3. As of the announcement date, production remains normal at the Shouguang, Huanggang, Jiangxi, Jilin, and Zhanjiang Plant II facilities. Other factories at the Zhanjiang base are accelerating equipment debugging to resume operations as soon as possible. 4. The company, its controlling shareholder, and actual controller confirm there are no material undisclosed matters or plans under preparation. 5. No trading of the company’s shares by the controlling shareholder or actual controller occurred during the period of abnormal price movement.
The board of directors affirmed that there are no undisclosed matters or related plans, negotiations, intentions, or agreements that should be disclosed under Shenzhen Stock Exchange listing rules. The board is also unaware of any undisclosed information that could materially influence the stock price. Previously disclosed information remains accurate and complete.