Xinjiang Korla Pear Co.Ltd(600506) : announcement of abnormal fluctuations in stock trading

Stock Code: Xinjiang Korla Pear Co.Ltd(600506) stock abbreviation: ST Xiangli Announcement No.: Lin 202208 Xinjiang Korla Pear Co.Ltd(600506)

Announcement of abnormal fluctuations in stock trading

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.

Important content tips:

Xinjiang Korla Pear Co.Ltd(600506) (hereinafter referred to as “the company”) shares traded on March 4, 7 and 8, 2022. The daily closing price deviation value accumulated more than 15%. According to the relevant provisions of the trading rules of Shanghai Stock Exchange, it belongs to the abnormal fluctuation of stock trading. After the company’s self-examination and verification with the company’s controlling shareholders and actual controllers, as of the disclosure date of this announcement, the company, controlling shareholders and actual controllers have no material information that should be disclosed but not disclosed.

The company invites investors to invest rationally and pay attention to the transaction risk of the secondary market.

1、 Details of abnormal fluctuations in stock trading

On March 4, 7 and 8, 2022, the daily closing price of the company’s stock trading deviated by more than 15% in total. According to the relevant provisions of the trading rules of Shanghai Stock Exchange, it belongs to abnormal fluctuation of stock trading.

2、 Relevant information concerned and verified by the company

In view of the abnormal fluctuation of the company’s stock trading, the company has checked the relevant matters, and now the relevant information is explained as follows:

(I) production and operation

According to the company’s self inspection, the company’s recent production and operation activities are normal, and the internal and external business environment has not changed significantly. (II) major events

After the company’s self-examination and verification with the company’s controlling shareholders and actual controllers, as of the disclosure date of this announcement, except for the non-public issuance of A-Shares disclosed by the company, the company, controlling shareholders and actual controllers have no material information that should be disclosed but not disclosed.

(III) media reports, market rumors and hot concepts

The company did not find any media reports or market rumors that may have a great impact on the trading price of the company’s shares, nor did it involve other market hot concepts.

(IV) other stock price sensitive information

The company verified that the controlling shareholders, actual controllers, directors, supervisors and senior managers of the company did not buy or sell the company’s shares during the abnormal fluctuation of the company’s stock trading.

3、 Relevant risk tips

The daily closing price of the company’s stock trading has deviated from the value by more than 15% in three consecutive trading days on March 4, 7 and 8, 2022. Please pay attention to the trading risk of the secondary market and invest rationally.

The company’s non-public offering of A-Shares still needs the approval of the CSRC, and there is still uncertainty about whether it can be approved and the time of final approval. The company will timely perform the obligation of information disclosure according to the progress of relevant matters.

The company solemnly reminds investors that Shanghai Securities News is the newspaper designated by the company for information disclosure, and the website of Shanghai Stock Exchange (www.sse. Com. CN.) Designated information disclosure website for the company. The information released by the company shall be subject to the disclosure of Shanghai Securities News and the website of Shanghai Stock Exchange. Please invest rationally and pay attention to investment risks.

4、 Statement of the board of directors and commitments of relevant parties

The board of directors of the company confirms that, in addition to the matters that have been disclosed in accordance with the provisions, there are no matters that should be disclosed but not disclosed or the planning, negotiation, intention, agreement, etc. related to the matters in accordance with the relevant provisions of the Listing Rules of Shanghai Stock exchange, The board of directors has not been informed that the company has information that should be disclosed but has not been disclosed in accordance with relevant provisions such as the Listing Rules of Shanghai Stock Exchange and has a great impact on the trading price of the company’s shares. There is no need to correct or supplement the information disclosed by the company in the early stage.

It is hereby announced.

Xinjiang Korla Pear Co.Ltd(600506) board of directors

March 2, 2008

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