ST Matsuki: Other than the disclosed matters, there is no undisclosed significant information.

date
20/08/2025
From August 18th to 20th, 2025, the closing price of *ST Songfa stock has deviated by more than 12% for three consecutive trading days, indicating abnormal fluctuations. The company conducted self-inspection and confirmed with major shareholders that there is no undisclosed significant information other than what has been disclosed. The company has completed a major asset restructuring, with the delivery of the subject matter in May and the registration of additional shares for fundraising on August 18th. Its main business has changed from ceramic manufacturing to shipbuilding and high-end equipment research, production, and sales. Additionally, the company is proceeding with the early election of the board of directors. The company reminds investors to be aware of the risks in the secondary market trading. Although the performance forecast for the first half of 2025 shows a turnaround from loss to profit, the company's poor performance in 2024 had previously triggered the risk of delisting.