Fangzheng Technology: Significant short-term rise in stock price, warns of trading risks.

Fangzheng Technology announced that the company's stock closed at the limit-up price of 12.87 yuan/share on August 7, 2026, representing an increase of 42.05% compared to the closing price on August 3. During this period, the average turnover rate was 6.83%, and the cumulative increase exceeded that of the Shanghai Composite Index and other related indices, indicating a potential risk of a decline after a rapid short-term increase. The company's main business remains unchanged, and production and operations are normal, with no significant media reports, market rumors, or trending conceptual matters identified. In addition, the company plans to implement a scheme to issue A-shares to specific targets for the year 2025, and the related proposal will need to be submitted for review at the third extraordinary shareholders' meeting in 2026.