Core Points - The stock of Geer Software (603232.SH) experienced a cumulative price increase of 75.58% from October 23, 2025, to November 18, 2025, triggering three instances of abnormal price fluctuations [1] - The company’s stock price rose significantly on November 17 and 18, 2025, with a cumulative closing price increase deviation exceeding 20% over these two trading days [1] - Recent breakthroughs in quantum computing technology have heightened market interest in quantum-resistant cryptography, although the company's quantum-resistant products are still in the standardization and pilot application phase, indicating a distance from large-scale commercialization [1] - The company conducted a self-inspection and confirmed with its controlling shareholder and actual controller that there is no undisclosed significant information as of the date of this announcement [1]

Core Viewpoint - Geer Software (603232.SH) has experienced significant stock price fluctuations, with a cumulative increase of 75.58% from October 23, 2025, to November 18, 2025, triggering three instances of abnormal volatility [1] Stock Performance - The company's stock price has deviated by more than 20% on two consecutive trading days, specifically on November 17 and 18, 2025 [1] - The cumulative stock price increase of 75.58% indicates strong market interest and potential investor confidence [1] Quantum Computing and Security - Recent breakthroughs in quantum computing technology have heightened market interest in quantum-resistant cryptography [1] - The company's quantum-resistant cryptography products are currently in the standardization and pilot application phase, indicating that large-scale commercialization is still some time away [1] Disclosure and Compliance - The company has conducted a self-examination and confirmed with its controlling shareholder and actual controller that there are no undisclosed significant information as of the date of this announcement [1]

Core Viewpoint - The company has noted recent breakthroughs in quantum computing technology, which have raised market concerns regarding the need for quantum-resistant cryptography solutions [1] Group 1 - The company's quantum-resistant cryptography products are currently in the standardization and pilot application phase both domestically and internationally [1] - There is still a significant distance to go before these products can be commercially scaled [1]

Core Viewpoint - The stock of Geer Software experienced significant price fluctuations, with a cumulative increase exceeding 20% over two consecutive trading days, prompting an announcement regarding abnormal trading activity [1] Group 1: Stock Performance - Geer Software's stock closed with a price increase deviation of over 20% on November 17 and 18, 2025 [1] - The abnormal trading activity is in accordance with the regulations of the Shanghai Stock Exchange [1] Group 2: Market Context - Recent breakthroughs in quantum computing technology have raised market concerns regarding the security of anti-quantum encryption [1] - The company's anti-quantum encryption products are still in the standardization and pilot application phase, indicating that large-scale commercialization is not imminent [1] Group 3: Company Disclosure - The company conducted a self-examination and confirmed with its controlling shareholder that there are no undisclosed significant information as of the announcement date [1]