Shanghai Hugong, which has been listed on the two consecutive boards: currently all production and business activities are normal.

Gate.io data news on November 11th, Shanghai Hu Gong issued an announcement that the company’s stock price has deviated by more than 20% for two consecutive trading days on November 11, 2024, and November 8, which is a situation of abnormal stock trading volatility. After the company’s self-inspection, the company’s current production and operation activities are normal, and there have been no major adjustments in the market environment and industry policies. There have been no significant fluctuations in production costs and sales. The internal production and operation order is normal, and there is no expected major change.