Four consecutive trading limit for Ningbo Shipping: normal production and operations and no significant information that should be disclosed but not disclosed.

Ningbo Shipping issued a notice regarding abnormal fluctuations in stock trading. After conducting a self-examination and consulting with the controlling shareholder, the company confirmed that there is no significant information that should have been disclosed but was not. The company's production and operation are normal, and there have been no significant adjustments in the market environment or industry policies. According to data released by the China Securities Index Network, the average rolling price-earnings ratio of the water transportation industry in the transportation, warehousing, and postal industry on May 15, 2025, was 9.61, while the company's latest rolling price-earnings ratio was 18,811.36, significantly higher than the industry average.