The announcement from Xinhan New Materials states that the closing price increase of the company's stocks on December 9 and 10 has cumulatively exceeded 30% over two consecutive trading days, indicating abnormal fluctuations in trading. The company has conducted an investigation into the matter and inquired with the controlling Shareholder and actual controller, confirming that there is no need to correct or supplement the previously disclosed information, and no undisclosed significant information that may have had a major impact on the trading price has been found in recent media reports. The company's Operation situation is normal, and there are no significant changes that have occurred or are expected in the internal and external operating environment. The company, controlling Shareholder, and actual controller have no major matters regarding the company that should have been disclosed but were not, nor are there any major matters that are in a planning stage. The controlling Shareholder and actual controller did not buy or sell the company's stocks during the period of abnormal fluctuations in trading.