On November 14, Huasheng Lithium Battery released an announcement addressing the abnormal and severe fluctuations in its stock trading. The announcement revealed that from September 25 to November 13, 2025, the cumulative deviation in the company's stock closing price hit a staggering 200%. Following a thorough self-assessment, the company, in conjunction with its controlling shareholder and actual controller, affirmed that there was no material information that should have been disclosed but remained undiscovered. At present, the company's production and operations have not undergone any significant alterations. Considering the persistent uncertainties surrounding the recovery of the downstream lithium battery sector and the company's continuous endeavors to cut costs and enhance efficiency, the company still confronts the potential risk of a decline in performance or incurring losses.
