Star Ring Technology: The company is still in a non-profit state, and all production and business activities are currently normal.

On March 6, Star Ring Technology-U (688031.SH) A-shares’ closing prices have deviated by more than 30% cumulatively over two consecutive trading days, indicating an abnormal fluctuation in stock trading.

As of March 6, 2026, the company’s closing price was 253 yuan per share. The cumulative deviation of the daily closing price over two consecutive trading days reached 30%, with significant short-term volatility.

The company is still unprofitable. According to the performance quick report, the company’s annual revenue for 2025 was 448 million yuan, an increase of 20.47% compared to the same period last year. Net profit attributable to shareholders of the listed company was -245 million yuan, with basic earnings per share of -2.03 yuan.

After self-inspection, the company confirms that all production and operational activities are normal and have not undergone significant changes. Specifically, there have been no major adjustments in the market environment or industry policies, no large fluctuations in production costs or sales, and the company’s internal production and operational order remains normal. Additionally, the company has verified with its controlling shareholder and actual controller and their concerted parties that, as of the disclosure date of this announcement, aside from information already disclosed in designated media, there are no major issues affecting the abnormal fluctuation of the company’s stock trading prices; there are no other major undisclosed matters that should have been disclosed. The company has also not found any media reports or market rumors that could significantly impact the company’s stock price, nor any other major events that could substantially influence the company’s stock price.