According to Youyan Powder's announcement, the cumulative deviation value of the daily closing price increase of the company's stock reached 30% for 3 consecutive trading days from December 23 to 25, 2025, which is an abnormal fluctuation. After self-inspection and verification with the controlling shareholders, as of the date of disclosure of the announcement, the company's daily operations were normal, no major matters were planned, and no major events affecting the stock price were discovered. In the past 3 trading days, none of the company's directors, senior management personnel, controlling shareholders, and their concerted actions have traded the company's shares. The company advises that the main business and fundamentals have not changed, reminding investors to pay attention to transaction risks.

According to Youyan Powder's announcement, the cumulative deviation value of the daily closing price increase of the company's stock reached 30% for 3 consecutive trading days from December 23 to 25, 2025, which is an abnormal fluctuation. After self-inspection and verification with the controlling shareholders, as of the date of disclosure of the announcement, the company's daily operations were normal, no major matters were planned, and no major events affecting the stock price were discovered. In the past 3 trading days, none of the company's directors, senior management personnel, controlling shareholders, and their concerted actions have traded the company's shares. The company advises that the main business and fundamentals have not changed, reminding investors to pay attention to transaction risks.