XCEC(SH:600777) Shang Hai Zheng Quan Bao·2025-10-13 19:52Core Viewpoint - The stock of Shandong Xinchao Energy Co., Ltd. experienced an abnormal trading fluctuation, with a cumulative closing price increase of over 12% over three consecutive trading days from October 9 to October 13, 2025 [2][4]. Group 1: Stock Trading Abnormality - The company's stock price deviation was noted as exceeding 12% over three consecutive trading days, which qualifies as an abnormal trading situation according to the Shanghai Stock Exchange regulations [2][4]. - The company has conducted a self-examination and confirmed that there are no undisclosed significant matters affecting the stock price, aside from what has already been publicly disclosed [6][10]. Group 2: Company Operations - The company's main business involves the exploration, development, and sales of oil and natural gas, and its daily operations are reported to be normal without significant changes [5]. - There have been no major external environmental changes impacting the company's operations [5]. Group 3: Major Events and Market Sentiment - The company has verified that there are no significant events such as major asset restructuring, share issuance, or strategic investments that could influence stock trading prices [6]. - No media reports or market rumors have been identified that could have a significant impact on the company's stock price [7]. Group 4: Insider Trading and Sensitive Information - During the period of abnormal stock trading, the company's directors, supervisors, senior management, and controlling shareholders did not engage in buying or selling the company's stock [8]. - There are no other sensitive information or matters that could lead to abnormal stock trading fluctuations [8].