Zhongmin Energy Co., Ltd. Stock Trading Abnormal Fluctuation Announcement

MaticHoleFiller · 2026-03-28T21:25:05+00:00

Zhongmin Energy Co., Ltd. announced that its stock price increased by more than 20% continuously over three trading days from March 24 to 26, 2026, which is considered an abnormal fluctuation. After self-examination, the company confirmed that no major events were disclosed, operations are normal, and investors are reminded to be aware of market risks.

MaticHoleFiller

2026-03-28 21:25:05

Abstract generation in progress

Stock Code: 600163 Stock Abbreviation: Zhongmin Energy Announcement No.: 2026-013

Zhongmin Energy Co., Ltd.

Announcement of Abnormal Stock Price Fluctuation

The board of directors and all directors of the company guarantee that the contents of this announcement do not contain any false records, misleading statements, or major omissions, and bear legal responsibility for the authenticity, accuracy, and completeness of its contents.

Important Content Reminder:

● Zhongmin Energy Co., Ltd. (hereinafter referred to as “the company”) has experienced a cumulative deviation of more than 20% in the daily closing price increase over three consecutive trading days (i.e., March 24, 2026, March 25, 2026, and March 26, 2026). According to the relevant provisions of the “Shanghai Stock Exchange Trading Rules,” this constitutes an abnormal fluctuation in stock trading.

● After the company’s self-examination and verification with the controlling shareholder Fujian Investment Development Group Co., Ltd. (hereinafter referred to as “Investment Group”), as of the date of this announcement, there are no significant matters that should have been disclosed but were not disclosed by the company.

● The company’s stock price has experienced significant short-term fluctuations. Investors are advised to pay attention to risks in the secondary market, make prudent decisions, and invest rationally.

I. Specific Circumstances of Abnormal Stock Trading Fluctuation

II. Relevant Situations Under Company Attention and Verification

(A) Production and Operation Status

After self-examination, the company confirms that its production and operation activities are normal, and there have been no significant changes in daily operations and the external environment. There are no significant matters affecting the abnormal fluctuation of the company’s stock trading price.

(B) Significant Matters

After self-examination and verification with the controlling shareholder Investment Group, as of the date of this announcement, except for matters already disclosed by the company, neither the company, its controlling shareholders, nor their concerted actions have any significant information that should have been disclosed but was not disclosed, including but not limited to major asset restructuring, share issuance, significant transactions, business restructuring, share buybacks, equity incentives, bankruptcy reorganization, major business cooperation, and introducing strategic investors.

After self-examination, the company has not found any media reports or market rumors that may have affected or have already affected the company’s stock trading price, nor any matters related to hot concepts.

(D) Other Price-Sensitive Information or Matters

After verification, the company has not discovered any other significant events that may have a large impact on the company’s stock price. During the period of the company’s stock price abnormal fluctuation, the company’s directors, senior management personnel, controlling shareholders, and their concerted actions did not engage in buying or selling the company’s stock.

III. Risk Reminders

The company’s stock price has experienced a cumulative deviation of more than 20% in the daily closing price increase over three consecutive trading days (i.e., March 24, 2026, March 25, 2026, and March 26, 2026). According to the relevant provisions of the “Shanghai Stock Exchange Trading Rules,” this constitutes an abnormal fluctuation in stock trading. The company’s stock price has significant short-term fluctuations. Investors are advised to pay attention to risks in the secondary market, make prudent decisions, and invest rationally.

The company solemnly reminds investors that “Shanghai Securities News,” “China Securities Journal,” “Securities Times,” and “Securities Daily” are the designated newspapers for the company’s information disclosure, and the Shanghai Stock Exchange website (www.sse.com.cn) is the designated website for the company’s information disclosure. All information from the company is subject to the information published in the above designated media. Investors are urged to invest rationally and pay attention to investment risks.

IV. Board of Directors Statement

The company’s board of directors confirms that, as of the date of this announcement, the company has no matters that should have been disclosed but were not disclosed in accordance with the “Shanghai Stock Exchange Stock Listing Rules” and other relevant regulations, nor any planning, discussions, intentions, agreements, etc., related to such matters. The board has also not been informed of any information that should have been disclosed but was not disclosed, which may have a significant impact on the trading price of the company’s stock and its derivatives; the information previously disclosed by the company does not require correction or supplementation.

This announcement is hereby made.

Board of Directors of Zhongmin Energy Co., Ltd.

March 27, 2026

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