Suqian Liansheng: Stock price abnormally fluctuating indicates risks in performance and new project investments.

Suqian Liansheng announcement stated that the company's stock experienced abnormal fluctuations as the closing price fell by more than 20% for two consecutive trading days on July 20th and 21st, 2026. Upon self-inspection, the company's production and operation are normal, and there are no major undisclosed matters that need to be disclosed. In 2025, the company's revenue was 1.296 billion yuan, a decrease of 13.83% year-on-year, with a net loss of 12.9206 million yuan, a decrease of 132.83% year-on-year; in the first quarter of 2026, the net profit was 5.439 million yuan, a decrease of 30.10% year-on-year. In addition, there are uncertainties with the new projects planned by the company, and Huizhi Optoelectronics is in debt and lacks patents.