上海九百：股票交易异常波动公告

Core Viewpoint - Shanghai Jiubai announced that its stock price experienced a cumulative deviation of over 20% in closing price over three consecutive trading days from January 6 to 8, 2026, indicating significant volatility in its stock performance [2] Summary by Relevant Sections - Stock Performance The company's static price-to-earnings (P/E) ratio is 132.19, and the rolling P/E ratio is 146.60, both significantly higher than the retail industry averages of 28.54 and 28.30 respectively [2] - Disclosure and Risk Warning After conducting a self-examination and confirming with its controlling shareholder and actual controller, the company stated that there are no undisclosed significant matters, while also reminding investors to be cautious of high valuations and trading risks [2]