*ST宝实: 宝塔实业股份有限公司董事会关于本次交易信息公布前公司股票价格波动情况的说明

Core Viewpoint - The company is planning a significant asset swap and cash payment to acquire 100% equity of Ningxia Electric Power Investment Group's subsidiary, Ningxia Electric Power New Energy Co., Ltd. [1] Summary by Relevant Sections Stock Price Fluctuation Before Announcement - The company announced the termination of its previous plan to issue shares for asset acquisition and intends to make major adjustments to the original restructuring plan on April 12, 2025 [1] - The stock price of the company from March 14, 2025, to April 11, 2025, showed a cumulative decline of 20 trading days before the announcement [1] - The Shenzhen Component Index decreased by 10.42% during the same period, while the company's stock price adjusted for market factors fell by 5.21% [1] - The company's stock price, adjusted for industry factors, experienced a decline of 0.91% [1]