This announcement explains the company's stock price fluctuations before its trading suspension for a share issuance to acquire Changsha AifuSi Technology Co., Ltd. The stock price showed a cumulative increase of 10.69% after excluding market and industry factors, which is deemed not to constitute abnormal fluctuations.
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Zhejiang Jiemei Electronic Technology Co., Ltd. Board of Directors
Explanation on Company Stock Price Fluctuations Before Trading Suspension for the Transaction
Zhejiang Jiemei Electronic Technology Co., Ltd. (hereinafter referred to as the "Company") plans to acquire 100% equity of Changsha AifuSi Technology Co., Ltd. and raise supporting funds through a share issuance (hereinafter referred to as the "Transaction").
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