WUS Printed Circuit (Kunshan) Co., Ltd. released an announcement regarding abnormal trading, stating that its stock experienced a cumulative deviation exceeding 20% in daily closing price increases over three consecutive trading days, from February 24 to February 26, 2026. This indicates abnormal volatility in stock trading. Following an internal review, the company confirmed that the information previously disclosed remained accurate, there were no significant changes in its recent operating environment, and no undisclosed material information that could impact the stock price was identified. Currently, the company is embarking on three major initiatives:
Firstly, it plans to sell the entire equity stake of its secondary subsidiary, Huangshi Supply Chain Management Co., Ltd., to its actual controller.
Secondly, its wholly-owned subsidiary, Kunshan Huli Microelectronics Co., Ltd., intends to purchase land use rights and buildings from an independent third party to establish a new printed circuit board production project along with its supporting facilities. However, this project is fraught with significant uncertainties. Should future market demand growth fall short of expectations, or if there are substantial deviations in business market promotion, product price fluctuations, and the company's projections, the implementation of the project may be altered, delayed, suspended, or even terminated. Moreover, it may fail to yield the expected benefits post-implementation.
Thirdly, the company is contemplating the acquisition of the entire equity of an independent third-party warehousing facilities company, aiming to leverage its land and buildings for production facilities. During the period of abnormal stock price fluctuations, the controlling shareholder and actual controller refrained from buying or selling the company's stock.