Yibin Paper Industry announced that the closing price fluctuation of the company's stocks on November 20, 21, and 22, 2024, exceeded 20% for three consecutive trading days, constituting abnormal stock trading fluctuations. After the company's self-examination and written inquiry to the controlling shareholder and actual controller, Sichuan Yibin Wuliangye Group Co., Ltd., it was confirmed that there is no significant information that should be disclosed but has not been disclosed. The company's recent production and operation circumstances are normal, and there has been no significant change in the internal and external operating environment. The company has not found any media reports or market rumors that need clarification or response, and has not discovered any other significant events that could have a substantial impact on the company's stock price. The board of directors confirmed that the company currently does not have any matters that should be disclosed but have not been disclosed, or any planning, negotiation, intention agreements, etc., related to such matters.