Securities Code: 300420
Securities Abbreviation: Wuying Intelligent Control
Announcement No.: 2026-055
Jiangsu Wuying Intelligent Control Technology Co., Ltd.
Announcement on Abnormal Stock Trading Fluctuations
The company and all members of the board of directors guarantee the content of the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.
I. Specifics of Abnormal Stock Trading Fluctuations
Jiangsu Wuying Intelligent Control Technology Co., Ltd. (hereinafter referred to as "the Company") stock (Securities Abbreviation: Wuying Intelligent Control, Securities Code: 300420) experienced a cumulative closing price deviation exceeding 30% on August 4, 2026, and August 5, 2026, for two consecutive trading days. In accordance with the "Trading Rules of Shenzhen Stock Exchange," this constitutes abnormal stock trading fluctuations.
II. Company's Attention and Verification of Related Matters
Regarding the abnormal fluctuations in the company's stock, the company's board of directors has conducted verification with the company, its controlling shareholder, and actual controller on related matters. The relevant situation is hereby described as follows:
(I) On June 4, 2026, the company disclosed the "Announcement on Equity Acquisition" and "Announcement on Application for Merger Loan" on Juchao Information Network. The company plans to acquire 51% of the equity of Dongguan KOSY Cooling Technology Co., Ltd. for RMB 68,085.00 million. After the transaction, Dongguan KOSY Cooling Technology Co., Ltd. will be included in the company's consolidated financial statements and become a subsidiary of the company. Concurrently, the company plans to apply for a merger loan of no more than RMB 600 million from the bank to pay for the aforementioned transaction.