Intercontinental Oil & Gas: The company's stock price may be affected by overly exuberant market sentiment and irrational speculation.

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Intercontinental Oil & Gas Stock Trading Abnormal Fluctuation Announcement: The company’s stock closed with a cumulative deviation of 20% in the daily closing prices over three consecutive trading days on February 27, March 2, and March 3, 2026. The actual fluctuation range, excluding the overall market factors, was relatively large. Given that the company’s stock price has hit the daily limit multiple times in the short term, but the company’s fundamentals have not changed significantly, there may be market sentiment overheating and irrational speculation. The company hereby reminds investors that the stock price may experience significant declines after large short-term increases. Investors are advised to fully understand the risks of secondary market trading, enhance their risk awareness, make rational decisions, and invest cautiously.

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