Kangxin New Material: The company's stock has accumulated a deviation in the closing price for three consecutive trading days exceeding 20%.

Kangxin New Materials announces that the closing price of the company's stock has deviated by more than 20% over three consecutive trading days on May 7th, 8th, and 11th in 2026. The company has been operating at a loss for the past four years, with a loss of 385 million yuan in 2025. The acquisition of Wuxi Yubang Semiconductor Technology Co., Ltd. is facing risks such as the integration effect of cross-industry acquisitions falling short of expectations, key personnel departures, technological updates, customer development, or performance commitments not being met as expected.