Jiangsu Lopal Tech. Group (02465): Abnormal fluctuations in A-share stock trading confirm the absence of major events or information that should be disclosed but have not been disclosed.

Jiangsu Lopal Tech. Group (02465) announced that the closing prices of the company's stock on June 22, June 23, and June 24, 2026, have deviated by more than 20% for three consecutive trading days, which constitutes abnormal fluctuations in stock trading according to the relevant rules of the Shanghai Stock Exchange. For the fiscal years 2024 to 2025, the net cash flows generated from the company's operating activities were 0.798 billion yuan (adjusted retrospectively) and 0.394 billion yuan, representing a year-on-year decrease of 50.63%; the asset-to-liability ratios were 74.94% (adjusted retrospectively) and 79.77%, an increase of 4.83 percentage points. Investors are advised to pay attention to the risks of operating performance. On June 23, 2026, the company disclosed the announcement "Jiangsu Jiangsu Lopal Tech. Group Limited on the completion of the allotment of H shares" (announcement number: 2026-106) on the website of the Shanghai Stock Exchange (http://www.sse.com.cn). The joint lead underwriters have successfully completed the allotment of 15,000,000 shares of H-shares to not less than six underwriters at a price of 13.09 Hong Kong dollars per share according to the terms and conditions of the allotment agreement, accounting for approximately 11.11% of the total number of H shares after the issuance and expansion of the allotted shares; and approximately 1.90% of the total number of issued shares after the issuance and expansion of the allotted shares. The H shares allotted in this allotment will trade normally according to the relevant Hong Kong listing rules. The addition of new tradable shares to the market may have a certain impact on the liquidity of secondary market stock trading in the short term. Investors are advised to pay attention to investment risks. On June 16, 2026, the company disclosed the announcement "Jiangsu Jiangsu Lopal Tech. Group Limited on the payment of taxes by its holding subsidiary" (announcement number: 2026-104) on the website of the Shanghai Stock Exchange (http://www.sse.com.cn). The company's holding subsidiary Sichuan Lithium Yuan New Materials Co., Ltd. needed to pay a total of 28.6118 million yuan in value-added tax, surtax, and late payment fines. The above-mentioned taxes and fines have been fully paid, and this payment of taxes does not involve administrative penalties. It is expected that the payment of these taxes and fines will be included in the company's current year's profit and loss statement for 2026, and the specific impact on the net profit attributable to the shareholders of the listed company for the year 2026 will be in accordance with the audited financial statements for the year 2026. Investors are advised to pay attention to investment risks. The company has conducted a self-inspection and written inquiries to the controlling shareholder and actual controller, and as of the disclosure date of this announcement, confirms that there are no major matters or information that should have been disclosed but have not been disclosed. The company advises investors to pay attention to the risks of secondary market trading, make rational decisions, and invest cautiously.