Longpan Technology (02465) Abnormal fluctuations in A-share trading There is no significant information that should be disclosed but not disclosed

Zhitong Finance App News, Longpan Technology (02465) issued an announcement. The daily closing price increase deviation value of Jiangsu Longpan Technology Co., Ltd. (hereinafter referred to as the “Company”) stock exceeded 20% during 2 consecutive trading days on November 25 and November 26. According to the relevant provisions of the “Shanghai Stock Exchange Trading Rules”, this is an abnormal fluctuation in stock trading.

According to the company's own inspection, the company's production and operation activities are currently normal. There have been no major adjustments to the market environment or industry policies, and the company's internal production and operation order is normal.

After the company's own investigation and written inquiries were sent to the controlling shareholders and actual controllers of the company, as of the disclosure date of this announcement, the company, controlling shareholders, and actual controllers all confirmed that there was no material information relating to the company that should be disclosed but not disclosed, including but not limited to major asset restructuring, share issuance, major transaction matters, business restructuring, share repurchases, equity incentives, bankruptcy and restructuring, major business cooperation, and introduction of strategic investors.

After the company's own investigation, the company found no media reports or market rumors involving the company that could have a significant impact on the company's stock trading price.

As of the disclosure date of this announcement, apart from information that has been publicly disclosed in designated media, the company has not discovered any other major events that may have had a significant impact on the company's stock price. The company's directors, supervisors, senior management, controlling shareholders and actual controllers did not trade the company's shares during the abnormal fluctuation of the company's current stock trading.

As of the disclosure date of this report, Shi Junfeng, the controlling shareholder and actual controller, held 213 million shares of the company, accounting for 31.98% of the company's total share capital. Shi Junfeng, his co-actors Zhu Xianglan, and Nanjing Bailey Venture Capital Center (limited partnership) held a total of 238 million shares of the company, accounting for 35.81% of the company's total share capital. As of the disclosure date of this announcement, Shi Junfeng and his co-actors have pledged a total of 56.8 million shares of the company, accounting for 23.85% of the total number of shares held in the company and 8.54% of the company's total share capital.