Beijing Shiji addresses unusual stock trading after 20% fluctuation

Beijing Shiji Information Technology Co., Ltd. announced that its stock experienced abnormal fluctuations, with its closing price increasing by more than 20% over three consecutive trading days. This deviation triggers the company's disclosure obligations under Shenzhen Stock Exchange trading rules.

The company is currently pursuing an acquisition, proposing to purchase a 13.50% stake in Shenzhen Seasun Software Co., Ltd. via a share issuance from three counterparties. The Shenzhen Stock Exchange accepted the application on October 14, 2025, and the company has responded to a review inquiry on November 20, 2025. This transaction remains subject to approval by the Shenzhen Stock Exchange and registration with the China Securities Regulatory Commission.

Beijing Shiji also confirmed there are no unannounced major matters in the planning stage, nor have there been any significant changes in its recent operating conditions or external operating environment. The company's controlling shareholder and actual controller have not engaged in stock transactions during the abnormal fluctuation period.