Zhejiang Shuanghuan Driveline addresses abnormal stock fluctuations

Zhejiang Shuanghuan Driveline Co., Ltd. reported that its shares experienced a cumulative deviation of over 20% in closing price over three consecutive trading days: September 15, 2025, September 16, 2025, and September 17, 2025. This activity falls under the definition of abnormal stock trading fluctuations according to Shenzhen Stock Exchange trading rules.

In response, the company's board of directors conducted an investigation and confirmed there were no corrections or additions needed for previously disclosed information. Furthermore, the company found no recent public media reports that could significantly influence its stock price and affirmed that its recent operating conditions remain normal without changes in its internal or external operating environment.

The company stated that neither it nor its controlling shareholders are involved in any undisclosed major matters, nor are there any matters in the planning stages that require disclosure. Additionally, the controlling shareholder did not engage in any buying or selling of company shares during the period of abnormal fluctuation.