Mountain Enterprise (00616) stock price fluctuates due to its intention to acquire a property.

Zhtng Cijng APP News, Gaoshan Enterprise (00616) announced that the Board of Directors noted that on September 4, 2025, there was abnormal fluctuation in the company's stock price and trading volume on the Stock Exchange. After conducting a reasonable investigation into the matter, the Board of Directors confirmed that they were not aware of any reasons that could have caused such abnormal fluctuations in the stock price and trading volume; nor were they aware of any information that needed to be disclosed to avoid the occurrence of false market in the shares; or any inside information that needed to be disclosed in accordance with Listing Rule 13.09 (2) and Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).