Mingyang Circuit announced that the cumulative deviation value of the company's stock price increase exceeded 30% for three consecutive trading days on October 30, November 2, and November 3, 2026, which is an abnormal fluctuation in stock trading. The company claims that there have been no major changes in the recent production and operation situation and the internal and external business environment, and that production and operation are normal; the company, controlling shareholders and actual controllers have no important matters relating to the company that should be disclosed but not disclosed, nor are there any major matters in the planning stage. The controlling shareholder or actual controller did not trade the company's shares during the period of abnormal fluctuations. The company previously disclosed that the controlling shareholder, actual controller, chairman and acting general manager Zhang Peike and his co-actors plan to reduce their holdings in the company.

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