New Hongze: Stocks have experienced abnormal fluctuations for 3 consecutive days, major shareholder reducing holdings as planned.

Xin Hongze announced that the company's stock had a cumulative deviation exceeding 20% in the closing price for three consecutive trading days from November 18th to 20th, 2025, indicating abnormal fluctuations. After verification, the company's previous disclosures did not require correction or supplementation, and there have been no changes in business or internal and external environments, nor any undisclosed major events that should be disclosed. The actual controller did not buy or sell the company's stock during the abnormal fluctuations, and the controlling shareholder, Yize Holdings, engaged in reduction behavior, which is consistent with the previous reduction plan and is not in violation of regulations. The company reminds investors to invest rationally and be aware of risks.