Visionox addresses stock volatility amid equity change plans

Visionox Technology Co., Ltd. (Visionox) has announced that its shares, trading under stock code 002387, experienced abnormal fluctuations with a cumulative deviation exceeding 20% over November 10 and November 11, 2025. The company confirmed that previously disclosed information remains accurate, with no new material undisclosed information or significant changes in its operations or external environment identified.

The company is currently in the process of a private placement of A-shares and a planned change of control. Details of these initiatives were disclosed in announcements dated November 10, 2025, including the "Visionox Technology Co., Ltd. 2025 Annual Private Placement of A-Shares Pre-plan" and the "Announcement Regarding the Signing of a Conditional Share Subscription Agreement with Specific Parties and Related-Party Transactions."

These proposed transactions are subject to approvals from state-owned assets supervision and management departments, other relevant authorities, shareholder approval, and registration with the China Securities Regulatory Commission after review by the Shenzhen Stock Exchange. Visionox reminded investors to seek information only from designated media outlets.