JinKong Power warns of abnormal stock price fluctuations: The company's business strategy and main operations have not undergone significant changes.

On March 26, Jinneng Holding Shanxi Electric Power Co., Ltd. (hereinafter referred to as “the Company”) issued an announcement. The announcement stated that the trading price of the Company’s stock (stock abbreviation: Jinkong Electric Power; stock code: 000767) had a cumulative closing price deviation of 20% over three consecutive trading days from March 24 to March 26, 2026. According to relevant regulations of the Shenzhen Stock Exchange, this situation constitutes abnormal stock trading fluctuations.

The announcement pointed out that the Company’s board of directors confirmed that there are currently no undisclosed matters that should be disclosed in accordance with the “Stock Listing Rules”; the board has also not been informed of any information that should be disclosed under the “Stock Listing Rules” that would have a significant impact on the trading price of the Company’s stock and its derivatives; there are no corrections or supplements needed for the information previously disclosed by the Company.

In addition, the announcement stated that the Company’s main business is primarily thermal power generation. As of the first half of 2025, the Company’s electricity revenue accounted for 86.31% of the Company’s total revenue, thermal revenue accounted for 7.73% of the Company’s total revenue, and other business revenues accounted for a relatively low proportion. Currently, the Company’s business policies and main operations have not undergone significant changes, and no major changes are expected within the next 12 months.

(Company Announcement)