300395SZSE

Announcement on Abnormal Fluctuations in Company Stock Trading

✨ AI Summary

This announcement addresses the abnormal trading fluctuations of Hubei Feilihua Quartz Glass Co., Ltd. stock, which saw a cumulative price increase of 33.05% over three consecutive trading days. The company confirms no undisclosed significant matters affecting stock prices. It also highlights ongoing product testing for ultra-thin quartz electronic cloth, expected to contribute approximately 5% to overall revenue by 2025, with associated risks.

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AI Translation· azure_openai

Announcement on Abnormal Fluctuations in Company Stock Trading

Securities Code: 300395
Securities Abbreviation: Feilihua
Announcement Number: 2026-05

Hubei Feilihua Quartz Glass Co., Ltd. and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

Important Content Reminder:

  1. Hubei Feilihua Quartz Glass Co., Ltd. (hereinafter referred to as "the Company") stock experienced a cumulative closing price increase deviation of 33.05% over three consecutive trading days on February 24, 2026, February 25, 2026, and February 26, 2026 (exceeding 30%). According to relevant regulations of the Shenzhen Stock Exchange, this constitutes an abnormal fluctuation in stock trading.
  2. Following a self-examination, the Company has verified with its controlling shareholders, actual controllers, shareholders holding more than 5%, all directors, and senior management regarding related issues. As of the date of this announcement, it confirms that there are no significant matters that should have been disclosed but were not.
  3. The Company has noted the recent high market interest in electronic cloth and its applications in electronic circuit manufacturing. Currently, the ultra-thin quartz electronic cloth products being developed by the Company are in the small batch testing and certification phase with end clients. The Company expects that by 2025, the business revenue from quartz electronic cloth will account for approximately 5% of the Company's total operating revenue (unaudited), which is a small proportion and has not yet had a significant impact on the Company's performance. The quartz electronic cloth project is also subject to many uncertainties, including client product iterations and compatibility testing, leading to significant uncertainties in business cooperation and orders, and risks of future business progress falling short of expectations. Investors are advised to make investment decisions based on professional and rational judgment and to be aware of investment risks.

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