Shuijingfang: Stock price experiencing abnormal fluctuations, revenue and net profit both decreased in 2025.

Shuijing Distillery announced that the company's stock has experienced abnormal fluctuations with the closing prices deviating more than 20% from the previous three trading days on January 29, January 30, and February 2, 2026. After conducting a self-examination, the company confirmed that its daily operations are normal, and the controlling shareholder and ultimate controller have not withheld any significant undisclosed information. In addition, the company expects a decrease of 42% in revenue to 3,037.76 million yuan and a decrease of 71% in net profit to 391.85 million yuan for the year 2025. The company advises investors to be cautious of trading and performance decline risks.