Stock Trading Abnormal Fluctuation Situation
Jiangsu Baoxin Technology Co., Ltd. (hereinafter referred to as "the Company") stock trading price has fluctuated significantly in recent days, with a cumulative deviation of 13.59% over three trading days (May 25, 2026, May 26, 2026, and May 27, 2026). According to the relevant provisions of the Shenzhen Stock Exchange trading rules, this constitutes an abnormal fluctuation in stock trading.
Clarification on Market Rumors
The Company has recently noted false statements circulating online, claiming that the Company will undergo "shell mergers" or "bankruptcy restructuring." In response, the Company clarifies and solemnly states the following:
- The Company is not involved in any negotiations or discussions regarding shell mergers or restructuring with any enterprises. There are no circumstances of "change of control" or "bankruptcy restructuring."
- As of now, the Company is not planning any major asset restructuring, share issuance, acquisitions, debt restructuring, business restructuring, asset injection, or bankruptcy restructuring.