*ST松发：股票交易异常波动

Core Viewpoint - The stock of *ST Songfa experienced significant price fluctuations, with a cumulative increase of over 12% over three consecutive trading days, prompting an announcement regarding abnormal trading conditions [1] Group 1: Stock Performance - The stock price deviation occurred on November 10, 11, and 12, 2025, with a cumulative increase exceeding 12% [1] - The company confirmed that there were no undisclosed significant information aside from what has already been disclosed [1] Group 2: Business Operations - The company has completed a major asset restructuring this year, shifting its main business from ceramic manufacturing to the research, production, and sales of ships and high-end equipment [1] - Current production and operational activities are normal, with no need to clarify or respond to media reports or market rumors [1] Group 3: Management and Shareholder Activity - During the period of abnormal stock trading fluctuations, the company's controlling shareholder, actual controller, and senior management did not engage in buying or selling the company's stock [1]