New Energy: Stock trading abnormally volatile, non-GAAP net profit continues to decline.

New Energy announced that the company's stock has experienced abnormal fluctuations, with the closing price deviating by more than 20% for three consecutive trading days from May 25th to 27th, 2026. Upon self-inspection, the company's production and operations are normal, and there are no undisclosed significant events that should be disclosed. The non-GAAP net profit for the year 2025 was 348 million yuan, a decrease of 14.12% year-on-year; the non-GAAP net profit for the first quarter of 2026 was 89 million yuan, a decrease of 14.84% year-on-year. The cumulative turnover rate for the three trading days was 31.61%, and as of May 27th, the closing price was 68.70 yuan per share, with a trailing P/E ratio of 75.11, higher than the industry average. The company reminds investors to pay attention to the risks.