Kane Corporation: Clarify that Origami Company has been transferred, and the core business does not include electrolytic capacitor paper.

Announcement from Kane Corporation: The company's stock price has deviated by over 20% for three consecutive trading days on May 25th, 26th, and 27th, 2026. In response to market rumors about its subsidiary, Atomic Company and its main business, the company clarifies that its subsidiary, Zhejiang Kane New Materials Co., Ltd., specializes in electrolytic capacitor paper. The company completed the transfer of control rights on May 10, 2023, and received full payment for the equity transfer. This subsidiary is no longer included in the consolidated financial statements. The company's current core businesses include paper for tobacco accessories and specialty food packaging, excluding electrolytic capacitor paper. The company's recent operational performance is normal, and there have been no significant changes in the internal and external operating environment.