The stock price of Coboda has experienced abnormal fluctuations, and uncertainty exists in the planning of convertible bond matters.

From September 15th to 17th, 2025, the closing price of Kaboda Technology Co., Ltd. stock has deviated by more than 20% for three consecutive trading days, indicating abnormal fluctuations. After a self-examination, the company's operations are currently normal, and there have been no significant adjustments to the market environment or industry policies. The company is proceeding with the acquisition of 60% of the equity of Shanghai Kaboda Intelligent Technology Co., Ltd., which is expected to be included in the consolidated financial statements in 2025. At the same time, the company is planning to issue convertible bonds to unspecified entities, but this is still in the preliminary stages and carries significant uncertainties. The plan for the actual controlling shareholders to reduce their holdings has not yet been implemented, and there have been no purchases or sales of the company's stock by relevant personnel during the abnormal fluctuations. The company reminds investors to be aware of trading risks and to rely on official announcements from designated media for information.