CHENMING PAPER (01812) Class B shares are experiencing abnormal fluctuations in trading, and there are no significant issues that should be disclosed but have not been disclosed.

CHENMING PAPER (01812) announces that the company's B shares (security code: 200488, security short name: Shandong Chenming PaperB) had a cumulative deviation of more than 12% in the closing prices for three consecutive trading days on February 13, February 24, and February 25, 2026. According to the relevant provisions of the Shenzhen Stock Exchange Stock Trading Rules, this constitutes abnormal fluctuations in stock trading. 1. There is no need to correct or supplement the information disclosed by the company earlier. 2. The company has not found any recent public media reports that may have had a significant impact on the trading price of the company's stock. 3. As of the date of this announcement, the Shouguang, Huanggang, Jiangxi, Jilin, and Zhanjiang base factories are all operating normally; other factories at the Zhanjiang base are accelerating equipment debugging to resume production as soon as possible. 4. There are no major undisclosed matters related to the company by the company, controlling shareholder, or actual controller, nor are there any major matters in the planning stage. 5. The controlling shareholder and actual controller of the company did not engage in buying or selling company stock during the period of abnormal stock fluctuations. The board of directors of the company confirms that there are currently no undisclosed matters or related plans, negotiations, intentions, agreements, or other items that should be disclosed under the Shenzhen Stock Exchange Stock Listing Rules; the board of directors has also not received any information that should be disclosed under the relevant rules and regulations that may have a significant impact on the trading prices of the company's stock and its derivatives. There is no need to correct or supplement the information disclosed by the company earlier.