Sineng Electric addresses abnormal stock price volatility after 30% surge

Sineng Electric announced that its stock experienced abnormal trading activity on September 3 and September 4, 2025. During this period, the cumulative deviation of the closing price increase exceeded 30%, triggering an abnormal fluctuation disclosure under Shenzhen Stock Exchange rules.

Following an internal review, Sineng Electric confirmed that there were no previously undisclosed material matters concerning the company, its controlling shareholder, or actual controller, nor were any such matters in the planning stages. The company also stated that its previously disclosed information requires no corrections or supplements, and no recent public media reports of significant market interest related to the company were found. Furthermore, the company's operating environment has not undergone any significant changes.

Sineng Electric's board of directors confirmed that it is not aware of any information that should be disclosed under the Shenzhen Stock Exchange ChiNext Stock Listing Rules, which could significantly impact the trading price of its shares or derivatives. The company reminded investors to exercise caution and base investment decisions on information published on designated media outlets.