Jiangxi Jovo Energy Co.Ltd(605090) : Explanation on the fluctuation of the company’s stock price before the release of this trading information

Clean energy service provider with value and creativity Jiangxi Jovo Energy Co.Ltd(605090)

Explanation on the fluctuation of the company’s stock price before the release of this trading information

Jiangxi Jovo Energy Co.Ltd(605090) (hereinafter referred to as “listed company”, “company” or ” Jiangxi Jovo Energy Co.Ltd(605090) “) intends to issue shares, convertible corporate bonds and pay cash to purchase 100% shares of Sentai energy held by 53 shareholders of Sichuan Yuanfeng Sentai Energy Group Co., Ltd. (hereinafter referred to as “Sentai energy”) such as new sources and Li Wanling. Meanwhile, the listed company plans to issue convertible corporate bonds to no more than 35 specific investors to raise supporting funds (hereinafter referred to as “this transaction”).

In order to ensure fair information disclosure, avoid abnormal fluctuations in the company’s share price and safeguard the interests of investors, the trading of the company’s shares (stock abbreviation: Jiangxi Jovo Energy Co.Ltd(605090) , stock code: Jiangxi Jovo Energy Co.Ltd(605090) . SH) has been suspended since the opening of the market on January 4, 2022. The board of directors of the company hereby makes the following explanations on the stock trading before the suspension:

The cumulative rise and fall of the stock price, Shanghai Composite Index (Code: Ping An Bank Co.Ltd(000001) . SH) and wind utility index (882010. WI) of Listed Companies in the 20 trading days before the suspension of trading are as follows:

The 21st trading day before the suspension of stock index (the last trading day before the suspension in 2021 (the closing price on December 3, 2021) the closing price on December 31)

Share price of the company (yuan / share) 38.85 35.17 – 9.47%

Shanghai Composite Index 360743363978 0.90%

Wind utility index 401727431881 7.51%

Excluding the impact of market factors, the rise and fall was – 10.37%

Excluding the influence of the same industry sector, the rise and fall was – 16.98%

Source: wind information

It can be seen from the above table that within 20 trading days before the trading suspension date, the fluctuation of the company’s stock price after excluding the influence of market factors and sector factors in the same industry does not exceed 20%, and there is no abnormal fluctuation.

It is hereby explained.

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Clean energy service provider with value creativity (there is no text on this page, which is the seal page of Jiangxi Jovo Energy Co.Ltd(605090) instructions on the fluctuation of the company’s stock price before the release of this trading information)

Jiangxi Jovo Energy Co.Ltd(605090) May 23, 2022

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