JinKong Power warns of abnormal stock price fluctuations: The company's business strategy and main operations have not undergone significant changes.

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On March 26, Jinneng Holding Shanxi Power Co., Ltd. (hereinafter referred to as “the Company”) issued an announcement. The announcement stated that the trading price of the Company’s stock (stock abbreviation: Jinkong Power; stock code: 000767) had a cumulative closing price deviation of 20% over three consecutive trading days from March 24 to March 26, 2026. According to the relevant regulations of the Shenzhen Stock Exchange, this falls under the category of abnormal stock trading fluctuations.

The announcement pointed out that the Company’s board of directors confirmed that there are currently no matters that should be disclosed but have not been disclosed according to the “Stock Listing Rules”; the board has also not been informed of any information that should be disclosed under the “Stock Listing Rules” that has not been disclosed and would have a significant impact on the trading price of the Company’s stock and its derivatives; there are no corrections or supplements needed for the information previously disclosed by the Company.

In addition, the announcement stated that the Company’s main business is primarily thermal power generation. As of the first half of 2025, the Company’s electricity revenue accounted for 86.31% of the Company’s total revenue, while heat revenue accounted for 7.73%, with other business revenues being relatively low. Currently, the Company’s operational policies and main business have not undergone significant changes, and no major changes are expected within the next 12 months.

(Company Announcement)

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