Quectel Communications announced that the company's stock price accumulated a deviation of 20% over three consecutive trading days from November 2 to 4, 2026, constituting abnormal stock trading fluctuations. Following a self-examination and verification via letters to the controlling shareholder and actual controller, as of the announcement date, there are no major undisclosed matters requiring disclosure. The company's production and operations remain normal, with no significant changes in the internal or external operating environment. In the first three quarters of 2026, the company reported operating revenue of RMB 23.799 billion and net profit attributable to shareholders of the parent company of RMB 1.212 billion. Investors are advised to be mindful of secondary market trading risks and to make rational decisions and invest prudently.