Wencan Co., Ltd. announced that the closing price increase deviation value of the company's stock exceeded 20% for 2 consecutive trading days on October 16 and October 19, 2026, which is an abnormal fluctuation in stock trading. After self-inspection and verification with the controlling shareholders and actual controllers, as of the date of disclosure of the announcement, there was no significant information that should have been disclosed, production and operation activities were normal, did not involve hot conceptual matters, and directors, supervisors, controlling shareholders, and actual controllers did not trade the company's shares during the change period. The company has a net loss of 216 million yuan for the semi-year of 2026, after deducting a non-net loss of 224 million yuan. It plans to disclose the report for the third quarter of 2026 on October 29, 2026 to remind investors to pay attention to investment risks.

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