Anxin Trust shares see abnormal fluctuation amid ongoing operating risks

Anxin Trust shares experienced an abnormal fluctuation from September 15 to September 17, 2025, with a cumulative deviation of over 20% in its closing price. This rise notably surpassed the Shanghai Stock Exchange A-share index's 0.14% increase and the non-banking financial sector index's 0.004% increase over the same period, indicating a short-term outperformance.

Despite the significant stock movement, Anxin Trust confirmed its operational status remains normal, with no changes in its internal or external operating environment. The company stated that no undisclosed major information, such as significant asset restructuring or equity issuance, exists, and there have been no related media reports or market rumors. The company's controlling shareholders, directors, supervisors, and senior management have not engaged in any stock trading during this period.

However, Anxin Trust acknowledges ongoing operating risks, including 3 pending lawsuits stemming from early trust businesses with principal amounts totaling CNY 792 million. Additionally, as of June 2025, the company managed trust assets of CNY 337.891 bn, with 173 matured projects and CNY 116.241 bn in existing trust assets, posing significant disposal challenges due to their complexity and macroeconomic factors.