Baofeng Energy: The stock price has deviated from the normal range for three consecutive days, with a cumulative increase of 21.06%. Business operations are normal.

Baofeng Energy announced that the company's stock has experienced abnormal fluctuations, with a cumulative deviation of 21.06% in the closing prices on February 27, March 2, and March 3, 2026. After verification, it was found that there is no need to correct or supplement the company's previous disclosure information. The company's operations are normal recently, with no significant changes in internal and external environments. There are no undisclosed major events that should be disclosed by the company and its controlling shareholder. The controlling shareholder and the actual controller have not bought or sold the company's stock during this period, and there is no violation of fair disclosure of information.