Shanghai Film announced that on November 5, November 6, and November 9, 2026, the closing price deviation value of the company's shares reached a cumulative total of 20% during the three consecutive trading days, which is an abnormal fluctuation in stock trading. According to the company's own inspection and written consultation and verification from Shanghai Film Co., Ltd., the controlling shareholder, as of the disclosure date, the company's current business conditions were normal, there were no major changes in the internal and external business environment, no major matters affecting abnormal fluctuations in stock trading, and no major information that should have been disclosed but not disclosed. The company found no media reports or market rumors requiring clarification or response, and directors, senior management, and controlling shareholders did not trade the company's shares during the period of abnormal fluctuations. The average daily turnover rate of the company's stock in the past 3 trading days was 5.64%, higher than the average daily turnover rate of 3.89% in the previous 5 trading days.

According to Shanghai Film's announcement, the total deviation value of the company's stock price increase reached 20% during the three consecutive trading days of November 5, November 6, and November 9, 2026, which is an abnormal fluctuation in stock trading. According to the company's own inspection and written consultation and verification from Shanghai Film Co., Ltd., the controlling shareholder, as of the disclosure date, the company's current business conditions were normal, there were no major changes in the internal and external business environment, no major matters affecting abnormal fluctuations in stock trading, and no major information that should have been disclosed but not disclosed. The company found no media reports or market rumors requiring clarification or response, and directors, senior management, and controlling shareholders did not trade the company's shares during the period of abnormal fluctuations. The average daily turnover rate of the company's stock in the past 3 trading days was 5.64%, higher than the average daily turnover rate of 3.89% in the previous 5 trading days.