Beijing Sifang Automation addresses stock fluctuation inquiry

Beijing Sifang Automation (SSE:601126) has confirmed that neither its actual controller, Yang Qixun and Wang Xuzhao, nor its controlling shareholder, Sifang Electric (Group) Co., Ltd., possess any material undisclosed information that could affect the company's stock price. This affirmation follows inquiry letters on October 17, 2025, concerning abnormal stock trading fluctuations observed over three consecutive trading days from October 15 to October 17, 2025.

The inquiries specifically addressed whether there were any unannounced major events, including asset reorganizations, share issuances, acquisitions, debt or business restructurings, asset divestitures or injections, share repurchases, equity incentives, bankruptcies, major business collaborations, or the introduction of strategic investors. Both the actual controller and the controlling shareholder explicitly stated that no such events exist. Furthermore, during the period of abnormal stock fluctuation, neither the actual controller, controlling shareholder, nor their concerted parties engaged in buying or selling the company’s shares.

The company's board of directors also verified that there were no unannounced matters or plans that should have been disclosed under Shanghai Stock Exchange listing rules. Beijing Sifang Automation reminds investors to exercise caution due to significant stock price volatility and to make rational and prudent investment decisions.