1. Stock Trading Abnormal Fluctuation Details
Storm Group Co., Ltd. (hereinafter referred to as "the Company") stock (stock abbreviation: Storm Group; stock code: 300431) experienced a cumulative closing price decline exceeding 20% over two consecutive trading days (June 5, 2020, and June 8, 2020), which constitutes an abnormal trading fluctuation according to the relevant provisions of the Shenzhen Stock Exchange Trading Rules.
2. Company Verification and Situation Explanation
The board of directors has verified the abnormal trading fluctuations of the Company's stock and provides the following explanations:
- There are no corrections or supplements needed for the previously disclosed information.
- The Company has not discovered any recent media reports that may have significantly impacted the stock trading price with undisclosed information.
- The Company, its controlling shareholders, and actual controllers have no significant matters that should have been disclosed but were not.
- During the period of abnormal trading fluctuations, the Company and its controlling shareholders and actual controllers did not engage in buying or selling the Company's stock.
- The Company has not violated any other fair information disclosure regulations.
3. Explanation of Non-disclosed Information
The board of directors confirms that the Company currently has no significant matters that should be disclosed according to the Shenzhen Stock Exchange GEM Listing Rules and related regulations, nor any plans, negotiations, intentions, or agreements related to such matters. The board is also not aware of any undisclosed information that could significantly impact the Company's stock price.