Mingyang Intelligent: There is abnormal volatility in the stock trading, and uncertainties still exist in the reorganization matters.

Mingyang Intelligent announced that the company's stock price has deviated by more than 20% from the closing price for two consecutive trading days on January 23 and January 26, 2026, indicating abnormal fluctuations. After self-examination, the company's production and operation are normal, and there is no significant undisclosed information that should be disclosed. The company plans to issue shares and pay cash to acquire 100% equity of Dehua Chip and raise supporting funds. The company has recently received an inquiry letter from the Shanghai Stock Exchange and is organizing a response. The assets involved in this matter may incur losses and are related party transactions, which are still uncertain. As of January 26, the company's price-earnings ratio is 155.64, higher than the industry average of 51.26. Investors are reminded to pay attention to trading risks.