Megachips Corporation (03986.HK): There has been abnormal stock trading volatility in the A-share market. Currently, our production and operations are normal, and there have been no significant changes.

The APP of Wisdom Financial News, Zhaoyi Innovation (03986.HK), announced that the company's stock has deviated from the closing price for three consecutive trading days, with the accumulated deviation exceeding 20%. According to the relevant provisions of the Shanghai Stock Exchange Trading Rules, this constitutes abnormal stock trading volatility. The company has conducted a self-examination and written inquiries to the controlling shareholder and actual controller, and as of the date of this announcement, there are no significant issues affecting the abnormal fluctuations in the company's stock trading; no other significant undisclosed matters exist. The company's production and operation are currently normal and there have been no significant changes.