Intercontinental Oil & Gas: The company's stock price may be affected by overly exuberant market sentiment and irrational speculation.

Intercontinental Oil & Gas announced that the company’s stock price has experienced a cumulative deviation of 20% in daily closing prices over three consecutive trading days on February 24, 25, and 26, 2026. According to the relevant provisions of the Shanghai Stock Exchange Trading Rules, this constitutes an abnormal fluctuation in stock trading. Given that the company’s stock price has hit the daily limit multiple times in a short period, but the company’s fundamentals have not changed significantly, there may be market sentiment overheating and irrational speculation.

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