LOPAL TECH (02465) has issued an announcement regarding unusual trading activity in its shares. The company's A-share stock experienced a cumulative decline in closing price deviation exceeding 20% over two consecutive trading days on July 8 and July 9, 2026, which constitutes an abnormal trading fluctuation according to the Shanghai Stock Exchange rules.
In response to this volatility, the company conducted an internal investigation and made written inquiries to its controlling shareholder and actual controller. The findings from the verification are outlined as follows.
Production and Operational Status
Based on the company's self-inspection, its current production and operational activities are proceeding normally, with no significant changes to its core business. There have been no major adjustments to the market environment or industry policies, and internal production and operational order is normal. The company confirms there are no material undisclosed matters that should have been disclosed and that could affect the abnormal share price fluctuations.
Situation Regarding Significant Matters
Following the self-inspection and written inquiries to the controlling shareholder and actual controller, as of the date of this announcement, aside from the matters mentioned above, neither the company, its controlling shareholder, nor the actual controller are planning any major events involving the listed company. This includes major asset restructurings, share issuances, significant transactional matters, business reorganizations, share buybacks, equity incentive plans, bankruptcy restructuring, major business collaborations, or the introduction of strategic investors. There is no material undisclosed information pertaining to the company.
Media Reports, Market Rumors, and Hot Topics
Upon verification, the company has not identified any media reports or market rumors that could significantly impact its share trading price. It has also not found any involvement with current market hot topics or concepts.
Other Price-Sensitive Information
As of the announcement date, aside from information already publicly disclosed through designated media, the company has not discovered any other major events that could materially affect its share price. Furthermore, the company's directors, senior management, controlling shareholder, and actual controller did not trade the company's shares during this period of abnormal price movement.
The company's board of directors confirms that, to the best of its knowledge as of the announcement date, aside from information already publicly disclosed, there are no matters that should be disclosed under regulations such as the Shanghai Stock Exchange Listing Rules but have not been, nor are there any plans, discussions, intentions, or agreements related to such matters. The board is also not aware of any undisclosed information that, according to relevant rules, could have a material impact on the trading price of the company's shares or their derivatives. There are no corrections or supplements required for the company's previously disclosed information.