Shenzhen Kaifa Technology addresses stock fluctuations, finds no undisclosed major information

Shenzhen Kaifa Technology (SZSE:000021) announced that its stock experienced abnormal fluctuations, with a cumulative deviation from the closing price increase exceeding 20% over three consecutive trading days: September 29, September 30, and October 9, 2025. This triggered a disclosure requirement under Shenzhen Stock Exchange rules. The company verified with its controlling shareholder, China Electronics Corporation, and ultimate controlling party, China Electronics Information Industry Group Corporation, confirming no undisclosed major information.

The company stated that no corrections or supplements are needed for previously disclosed information, and no recent public media reports have surfaced that could significantly impact the stock price. Furthermore, there have been no recent or anticipated changes in Shenzhen Kaifa Technology's operational status or external business environment. Neither the controlling shareholder nor the actual controller has any undisclosed major matters concerning the company, nor are there any major matters in the planning stage.

During the period of abnormal stock fluctuations, neither Shenzhen Kaifa Technology's controlling shareholder nor its actual controller engaged in buying or selling company shares. The company reminds investors to exercise caution and consult designated information disclosure media for accurate information.