秦安股份：股票交易异常波动

Core Viewpoint - The stock of Qin'an Co., Ltd. experienced a significant price fluctuation, with a cumulative increase of 20.53% over three consecutive trading days, prompting an announcement regarding abnormal trading activity [1] Group 1: Stock Performance and Trading Activity - The stock price increase is significantly higher than the Shanghai A-share index and the average level of the automotive parts industry [1] - The average turnover rate over the last three trading days was 5.53%, with an actual turnover rate of approximately 18% due to a smaller circulation [1] - The company confirmed that its operational activities are normal, with no major changes in market environment or industry policies [1] Group 2: Financial Performance - For the first three quarters of 2025, the company's operating revenue decreased by 16.89% year-on-year, and the net profit after deducting non-recurring items fell by 19.15% year-on-year, indicating potential risks in operational performance [1] Group 3: Acquisition and Share Transfer - The company plans to acquire 99% of Yigao Optoelectronics through a cash transaction, which requires approval from a temporary shareholders' meeting on December 3, 2025, and is subject to certain conditions [1] - The controlling shareholder, Mr. Yuanming Tang, and Mr. Rao Yiran have signed an agreement to transfer 5% of the company's shares as a transaction security measure, which is a prerequisite for the acquisition [1] - The board of directors confirmed that there are no undisclosed significant matters at this time [1]