ZZ Technology (603690.SH) has released a statement addressing the unusual fluctuations in its stock trading. The company clarified that there have been no substantial shifts in its internal and external operational landscapes lately. Its production and business operations, along with internal orderliness, continue to function normally. Up until the announcement's disclosure date, there are no significant issues or pieces of information that warrant disclosure but have remained undisclosed.

The company is in the process of planning to acquire an 83.7775% equity interest in Guizhou Weidun Jinglin Electronic Materials Co., Ltd. This acquisition will be executed through a combination of share issuance and cash payment, with the intention of raising counterpart funding (matching funds). At present, the auditing, evaluation, and due diligence procedures for the target assets are still ongoing and have not reached completion. Consequently, there is an element of uncertainty surrounding whether the transaction will receive approval and the specific timing of such approval. Investors are hereby advised to stay vigilant and cognizant of the associated risks.