Wuxi Shangji Automation stock sees abnormal volatility, company says operations normal

Wuxi Shangji Automation Co. announced that its A-share stock experienced abnormal trading volatility, with its daily closing price increasing over 20% across November 6, 7, and 10, 2025. This constitutes an abnormal fluctuation under Shanghai Stock Exchange trading rules.

Following an internal review, the company confirmed its current production and operational activities are normal, with no significant changes in daily operations. It noted no material changes in market conditions or industry policies, and internal production and operational order remains stable. The company is also unaware of any undisclosed major events.

The board of directors confirmed no unannounced material matters or related plans, discussions, intentions, or agreements that should be disclosed. The company cautioned investors about a potential rapid decline in share prices given the recent quick rise, advising rational investment decisions.