ST Wanfang: Stock price fluctuation is abnormal, major shareholder has no intention of control and has not bought or sold stocks.

Announcement from ST Wanfang states that the company's stock had a cumulative deviation of 14.53% in the closing price over three consecutive trading days from December 18th to 22nd, 2025, which is considered abnormal volatility. The company's operations are normal and the environment has not changed. Jutai Rural Commercial Bank obtained a 29.18% stake and became the largest shareholder on December 10th without any controlling intention, and did not buy or sell the company's stock during the abnormal volatility period. As of September 30th, the company's revenue was 175,541.3 million yuan, with a net loss of 8.59 million yuan, a year-on-year decrease of 164.64%. The company is under investigation for violating disclosure regulations, and if the financial indicators for 2025 violate regulations again, the stock will be delisted.