Hexing Electric Power: The cumulative deviation value of the closing price increase of the stock has exceeded 20% for two consecutive trading days

Hexing Power announced that the closing price of the company's stock has deviated by more than 20% cumulatively over two consecutive trading days on October 28, 2025, and October 29, 2025. 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 written confirmation from the company's controlling shareholder and actual controller, it is stated that as of the date of this announcement, there are no significant matters affecting the abnormal fluctuation of the company's stock trading price, other than the information already publicly disclosed in designated media; there are no other significant information that the company should disclose but has not disclosed, including but not limited to major asset restructuring, issuance of shares, acquisition of listed companies, debt restructuring, business restructuring, asset stripping, asset injection, share repurchase, equity incentives, bankruptcy restructuring, major business cooperation, introduction of strategic investors, and other significant matters