Shanghai New World announced that the company's stock trading experienced a cumulative deviation of 20% in the closing prices for three consecutive trading days on December 3, 4, and 5, 2024. This situation falls under the category of abnormal stock trading fluctuations. Following a self-inspection by the company and written confirmation from the controlling shareholder and actual controller, it was confirmed that there is no significant undisclosed information. The company's current production and operation activities are normal, with no significant changes in daily operations. There have been no major adjustments in the market environment or industry policies, the internal production and operation order is normal, and relevant orders and contracts are being fulfilled as usual. The company has not identified any media reports or market rumors that require clarification or response regarding their impact on the company's stock trading prices. During the period of stock price movement, apart from China Best Life Insurance Co., Ltd., a shareholder holding more than 5% of the company's shares reducing its holdings, there is no buying or selling of company stocks by directors, supervisors, senior management personnel, controlling shareholders, or their concerted parties.