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Wanxiang Denong announced that the cumulative deviation value of the company's stock price increase exceeded 20% for 3 consecutive trading days on November 4, 5, and 6, 2026, which is an abnormal fluctuation in stock trading. After self-inspection and verification with the controlling shareholders and actual controllers, there was no material information that should have been disclosed but not disclosed, and directors, supervisors, controlling shareholders, and actual controllers did not trade the company's shares during the change period. Currently, supply in the corn seed industry exceeds demand, and increased competition in the industry has led to a decline in the gross margin of the company's corn seed business. As of September 30, 2026, the company's net profit to mother was 9.7563 million yuan, down 49.56% year on year; net profit without return to mother was 7.3436 million yuan, down 58.47% year on year. Investors are kindly requested to be aware of investment risks.
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Wanxiang Denong announced that the cumulative deviation value of the company's stock price increase exceeded 20% for 3 consecutive trading days on November 4, 5, and 6, 2026, which is an abnormal fluctuation in stock trading. After self-inspection and verification with the controlling shareholders and actual controllers, there was no material information that should have been disclosed but not disclosed, and directors, supervisors, controlling shareholders, and actual controllers did not trade the company's shares during the change period. Currently, supply in the corn seed industry exceeds demand, and increased competition in the industry has led to a decline in the gross margin of the company's corn seed business. As of September 30, 2026, the company's net profit to mother was 9.7563 million yuan, down 49.56% year on year; net profit without return to mother was 7.3436 million yuan, down 58.47% year on year. Investors are kindly requested to be aware of investment risks.
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