Topsec Technologies stock triggers abnormal volatility alert after steep drop

Topsec Technologies Group has issued an announcement regarding abnormal stock trading after its shares experienced a cumulative deviation of over 20% in closing prices over three consecutive trading days: August 29, 2025, September 1, 2025, and September 2, 2025. This deviation meets the criteria for abnormal stock fluctuations as per Shenzhen Stock Exchange regulations.

The company's board has conducted verifications with the company and its largest shareholder. As of the announcement date, no previously disclosed information requires correction or supplementation, nor have any undisclosed material events that could significantly impact the stock price been identified. The company's recent operating conditions and the internal and external operating environment have not undergone significant changes.

Furthermore, the largest shareholder, Zheng Zhongnan, has confirmed no undisclosed major matters related to the company, nor is he involved in any major matters currently in the planning stage. During the period of abnormal stock fluctuations, Zheng Zhongnan did not engage in any buying or selling of the company's shares.