Hualian Holdings: Stock price experiences abnormal fluctuations, currently advancing with the 12.35 billion yuan acquisition matter.

Hualian Holdings announced that the company's stock trading price on December 19, 22, and 23, 2025, continuously deviated by 20.74% from the closing price over the three consecutive trading days, which is considered abnormal volatility. The board of directors verified that the company's operations are currently normal with no significant changes in internal and external environments. The company is engaging in the acquisition of 100% of the shares of Argentum Lithium S.A., amounting to approximately 1.235 billion yuan, accounting for 24.31% of the latest audited net assets, which does not constitute a major asset restructuring and involves uncertainties. During the abnormal volatility period, major shareholders did not engage in trading the company's stocks.