300385SZSE
🚨 Material Event

Announcement on Abnormal Fluctuations in Stock Trading

ST Xuelang Co., Ltd.··3 pages

✨ AI Summary

Wuxi Snow Wave Environmental Technology Co., Ltd. announces abnormal stock trading fluctuations, with a cumulative price increase of 30.83% over three trading days. The company has investigated and confirmed no undisclosed material information or significant changes in operations. The company is undergoing pre-restructuring proceedings, which carry risks of potential delisting or bankruptcy if not successfully completed.

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Full Translation

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Announcement on Abnormal Fluctuations in Stock Trading

The company and its entire Board of Directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or material omissions.

I. Specifics of Abnormal Stock Trading Fluctuations

Wuxi Snow Wave Environmental Technology Co., Ltd. (hereinafter referred to as "the Company" or "Snow Wave Environment") experienced abnormal stock trading fluctuations. The closing price of the Company's stock deviated significantly for three consecutive trading days: July 1, 2026, July 2, 2026, and July 3, 2026, with a cumulative increase of 30.83%. In accordance with the relevant regulations of the Shenzhen Stock Exchange Trading Rules, this constitutes an abnormal fluctuation in stock trading. Investors are kindly reminded to be aware of investment risks.

II. Company's Verification and Clarification Statement

Regarding the recent abnormal fluctuations in the Company's stock trading, the Board of Directors has conducted verification and self-examination of relevant matters. The specific situation is as follows:

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