Farsung: No Equity Relationship Exists with Jiangsu Farsung Optical Communication Technology Co., Ltd. and Two Other Enterprises

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People’s Financial News, March 15 — Falshing (000890) announced on March 15 that the company’s stock experienced abnormal trading fluctuations. The closing prices on March 12 and 13, 2026, deviated cumulatively by 22.62%. Additionally, since February 6, 2026, the closing prices have increased by 107.68% over 20 consecutive trading days. The stock price volatility has significantly diverged from the company’s fundamentals, indicating market over-enthusiasm and the risk of irrational speculation. If the stock price continues to rise, the company may apply for a trading halt and investigation with the Shenzhen Stock Exchange. Investors participating in trading may face substantial risks. The company’s business does not involve “special optical fiber” or “optical fiber,” nor is there any “restructuring” or “backdoor listing” involved. The online rumors mentioning Jiangsu Falshing Optical Communication Technology Co., Ltd. and Jiangsu Falshing Optoelectronics Technology Co., Ltd. are subsidiaries controlled by the company’s major shareholders and have no equity relationship or business dealings with the listed company. As of the date of this announcement, the company has no plans to restructure these two entities.

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