Announcement on Abnormal Fluctuations in Company Stock Trading

Wenzhou Hongfeng Co., Ltd.·June 22, 2026·3 pages

✨ AI Summary

Wenzhou Hongfeng Electric Alloy Co., Ltd. announces abnormal stock price fluctuations, with a cumulative increase of 33.93% over three trading days. The company has verified that there is no undisclosed material information or insider trading. Risks include market volatility, impact of silver price fluctuations, and uncertainty regarding a planned private placement.

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Securities Code: 300283 Securities Abbreviation: Wenzhou Hongfeng Number: 2026-040

Wenzhou Hongfeng Electric Alloy Co., Ltd. Announcement on Abnormal Fluctuations in Company Stock Trading

The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.

I. Specifics of Abnormal Stock Trading Fluctuations

The stock of Wenzhou Hongfeng Electric Alloy Co., Ltd. (hereinafter referred to as the "Company") experienced a cumulative increase in the closing price of over 33.93% on June 17, 2026, June 18, 2026, and June 22, 2026, for three consecutive trading days. In accordance with the relevant provisions of the "Trading Rules of Shenzhen Stock Exchange," this constitutes abnormal stock trading fluctuations.

II. Company's Verification and Statement

Regarding the abnormal fluctuations in the Company's stock trading, the Company's Board of Directors has verified with the Company, its controlling shareholder, and its actual controller regarding relevant matters. The situation is now described as follows:

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