Announcement on Abnormal Fluctuations in B Share Stock Trading
I. Situation of Abnormal Stock Trading Fluctuations
Dongxu Photovoltaic Technology Co., Ltd. (hereinafter referred to as "Dongxu Photovoltaic" or "the Company") issues both A shares and B shares. The B shares (stock abbreviation: ST Dongxu B; stock code: 200413) experienced a cumulative closing price decline exceeding 12% over three consecutive trading days on August 6, 2024, August 7, 2024, and August 8, 2024. This situation falls under the category of abnormal stock trading fluctuations according to the relevant regulations of the Shenzhen Stock Exchange.
II. Company's Verification of Relevant Situations
In response to the abnormal trading fluctuations of the B shares, the Company conducted an investigation into the relevant matters. The Board of Directors verified the situation through phone calls and inquiries with the Company's controlling shareholders, their concerted actors, actual controllers, directors, supervisors, and senior management. The findings are as follows:
- There are no corrections or supplements needed for previously disclosed information.
- The Company has not discovered any recent media reports that may have significantly impacted the trading price of the Company's stock due to undisclosed major information.
- The Company's operational situation is normal.
- During the period of abnormal trading fluctuations, there were no transactions involving the Company's controlling shareholders, their concerted actors, actual controllers, or the Company's directors, supervisors, and senior management buying or selling the Company's stock.
- The Company has not violated fair information disclosure regulations.