Announcement on Abnormal Fluctuations in Stock Trading
Stock Code: 002303 Stock Abbreviation: Meiyin Sen Announcement No.: 2026-031
Meiyin Sen Group Co., Ltd.
The Company and the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and have no false records, misleading statements, or major omissions.
Key Information Prompt:
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Meiyin Sen Group Co., Ltd. (hereinafter referred to as the "Company") experienced cumulative daily closing price deviation exceeding 20% for three consecutive trading days (August 4, 2026, August 5, 2026, and August 6, 2026), which, according to the relevant provisions of the "Trading Rules of Shenzhen Stock Exchange," constitutes abnormal stock trading fluctuations.
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After self-inspection by the Company and written inquiry to the controlling shareholder and actual controller, as of the disclosure date of this announcement, the Company has no major undisclosed matters or risk events.
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The Company's stock price has risen significantly compared to most companies in the industry in a short period. Excluding the impact of the overall market and sector, the actual volatility of the stock price is relatively large. On August 4, 2026, August 5, 2026, and August 6, 2026, the stock turnover rates were 8.43%, 13.29%, and 13.81%, respectively.
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Recently, the market has paid high attention to the Company's overseas market business and electronic functional materials/die-cutting business. In January-June 2026, the Company's overseas market business revenue increased, with a year-on-year growth rate of approximately 15%-20%, which is not a significant increase. The proportion of overseas market business revenue in the Company's overall revenue is about 40% [The Company's H1 2026 financial data is still being calculated, and the specific amount is subject to the Company's H1 2026 report]. The Company's electronic functional materials/die-cutting business mainly provides customers with products such as cushioning pads, shock-absorbing foam, adhesive tapes, protective films, dust-proof non-woven fabrics, conductive insulating films, thermal conductive gels, and thermal conductive silicone pads. This business is mainly undertaken by the Company's wholly-owned subsidiary, Dongguan Meixinlong Internet of Things Technology Co., Ltd. (hereinafter referred to as "Dongguan Meixinlong"). Dongguan Meixinlong was established in 2010 and began to gradually develop related businesses since its establishment, and it is not a new business. In January-June 2026, Dongguan Meixinlong's revenue accounted for only about 5%-6% of the Company's revenue [The Company's H1 2026 financial data is still being calculated, and the specific amount is subject to the Company's H1 2026 report]. Due to the small proportion of Dongguan Meixinlong's revenue, its impact on the Company's performance is currently small.