: If the company's stock price continues to rise abnormally, the company may apply for a trading halt for investigation.

Hefu China Announcement: The company's share price has deviated significantly from the fundamentals, and investors participating in trading may face high risks. If the company's share price continues to rise abnormally, the company may apply for a trading halt for inspection. From October 28, 2025, to November 20, 2025, the company's stock closed at the daily limit price for thirteen trading days, and experienced abnormal price fluctuations five times and severe abnormal price fluctuations three times, with a cumulative increase of 291.92% during this period. As of the close on November 20, the company's share price was 26.18 yuan per share, at a historical high, with a turnover rate of 24.46%. The short-term continuous increase in share price poses risks of market sentiment overheating and irrational speculation, which is significantly higher than the industry and the Shanghai stock index during the same period, and is clearly and significantly deviating from the company's fundamentals, with a risk of rapid decline at any time.