Broad Ocean Motor reports abnormal stock fluctuations, eyes Hong Kong listing

Zhongshan Broad Ocean Motor Co., Ltd. reported abnormal stock trading as its shares showed a cumulative deviation of over 20% in closing price over two consecutive trading days. The company confirmed no undisclosed major matters, nor have its controlling shareholders or actual controllers traded the company's stock during this period.

The company's operational activities are proceeding normally, with no recent or anticipated significant changes in the internal or external operating environment. Previously disclosed information remains accurate, with no corrections or additions required.

Furthermore, Broad Ocean Motor submitted an application on September 22, 2025, to the Hong Kong Stock Exchange for the listing of its H shares on the main board. This application process is subject to approval by the China Securities Regulatory Commission and the Hong Kong Stock Exchange, introducing uncertainty regarding the H-share listing's final implementation. Investors are cautioned to be aware of this potential risk.