Wolfram Equipment clarifies: the company has no arrangement or activities involving injecting mine assets.

Jiangwu Equipment announced a abnormal trading announcement. The closing price of the company's stock on June 15th, 16th, and 17th, 2026 has cumulatively deviated by 20% for three consecutive trading days, which qualifies as abnormal stock price fluctuations according to the relevant regulations of the Shanghai Stock Exchange. In response to media reports suggesting that the company may inject mining assets, the company conducted a self-examination and found that there were no plans or activities to inject mining assets. The company's current main business is research, production, and sales of magnetic separation equipment, and there have been no changes in the main business.