Lianyungang: The stock price has increased significantly in the short term, but there is a certain level of risk.

Lianyungang Announcement: The company's stock price has increased by a deviation of 20% over three consecutive trading days on May 12th, 13th, and 14th, 2025. On May 15th, the company's stock price hit the upper limit again, with a significant short-term increase in stock price, indicating certain risks. There have been no significant changes in the company's fundamentals, nor any undisclosed major information. We urge investors to be cautious of the risks in the secondary market, make rational decisions, and invest prudently.