百川能源：股票交易异常波动公告

Core Viewpoint - Baichuan Energy announced that its stock experienced an abnormal fluctuation, with a cumulative closing price increase of over 20% during three consecutive trading days from October 17 to October 21, 2025 [1] Company Summary - The company conducted a self-examination and confirmed that its production and operational conditions are normal [1] - There have been no significant changes in the market environment or industry policies [1] - Production costs and sales have not experienced substantial fluctuations, and internal operational order remains normal [1]