Hangzhou Zhongheng Electric addresses abnormal stock fluctuations

Hangzhou Zhongheng Electric Co. has observed abnormal stock trading, with its share price deviating by over 20% collectively during three consecutive trading days in August 2025. This situation falls under the abnormal stock fluctuation category as per Shenzhen Stock Exchange regulations.

The company has conducted an internal review and stated that there are no uncorrected or supplementary disclosures needed from previous announcements. Furthermore, the company has not found any recent public media reports that could significantly impact its stock price. Its operational status is normal, with no major changes to internal or external business environments.

Hangzhou Zhongheng Electric confirmed that neither the company, its controlling shareholder, nor its actual controller are involved in any undisclosed major matters, nor are they planning any such matters. Additionally, the controlling shareholder and actual controller did not engage in any buying or selling of company shares during the period of abnormal fluctuation.