Stock code: 688003 Stock abbreviation: TZTEK Announcement No.: 2024-063

Suzhou TZTEK Technology Co., Ltd

Announcement of abnormal fluctuations in stock trading

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or material omissions in the content of this announcement, and assume legal responsibility for the authenticity, accuracy and completeness of its content in accordance with the law.

Important Content Notes:

Suzhou TZTEK Technology Co., Ltd. (hereinafter referred to as the "Company") shares have been traded for three consecutive years

Intraday (Nov 11, Nov 12 and Nov 13, 2024) closing price gains were biased

The cumulative deviation reaches 30%, according to the Rules for the Listing of Stocks on the Science and Technology Innovation Board of the Shanghai Stock Exchange (hereinafter referred to as "Listing Rules").

Referred to as the "Listing Rules of the Science and Technology Innovation Board"), the "Shanghai Stock Exchange Trading Rules", "Shanghai Securities

Detailed Rules for Real-time Monitoring of Abnormal Transactions of Stocks on the Science and Technology Innovation Board of the Exchange" and other relevant provisions belong to stock trading

Abnormal fluctuations.

After the company's self-inspection, and to the company's controlling shareholder Suzhou Qingyi Investment Co., Ltd., the company's actual controller Xu

Mr. Yihua issued a letter to confirm that as of the disclosure date of this announcement, the company and the company's controlling shareholder and actual controller

There are no major events that affect the abnormal fluctuations of the company's stock trading; There is no other that should be disclosed

Disclosure of material information, including but not limited to mergers and acquisitions involving the company, share issuance

banking, debt restructuring, business restructuring, asset divestitures and asset injections. Company currently

The day-to-day operation is normal and there have been no major changes.

The company's stock price fluctuates greatly in the short term, please pay attention to investment risks and make rational decisions.

Invest prudently.

1. The specific situation of abnormal fluctuations in stock trading

The company's shares were traded on November 11, 2024, November 12, 2024, and November 13, 2024

The deviation of the closing price increase in three consecutive trading days exceeds 30%, which is an abnormal fluctuation of stock trading according to the relevant provisions of the Listing Rules of the Science and Technology Innovation Board, the Trading Rules of the Shanghai Stock Exchange, and the Detailed Rules for Real-time Monitoring of Abnormal Trading of Stocks on the Science and Technology Innovation Board of the Shanghai Stock Exchange.

2. The relevant situation that the company pays attention to and verifies

(A) production and operation

According to the company's self-inspection, the company's current production and operation activities are normal and no major changes have occurred. There has been no major adjustment in the market environment or industry policies, and the internal production and operation order is normal.

(2) Major matters

After the company's self-inspection, the company's controlling shareholder Suzhou Qingyi Investment Co., Ltd. and the company's actual controller Mr. Xu Yihua sent a letter to confirm that: as of the disclosure date of this announcement, except for the information that has been publicly disclosed in the designated media, there are no major matters affecting the abnormal fluctuation of the company's stock trading price; There is no other material information that should be disclosed by the company but has not been disclosed, including but not limited to mergers and acquisitions, share issuance, debt restructuring, business restructuring, asset divestitures and asset injections and other major matters.

(3) Media reports, market rumors, and hot concepts

The Company is not aware of any media reports or market rumors that may have a material impact on the trading price of the Company's shares. The relevant information is subject to the announcements published on the website of the Shanghai Stock Exchange (www.sse.com.cn) and designated media.

(4) Other price-sensitive information

After verification, the controlling shareholder of the company and its persons acting in concert, the actual controller of the company, directors, supervisors and senior management personnel did not buy or sell the company's shares during the abnormal stock fluctuation.

3. Statements of the Board of Directors and commitments of relevant parties

The Board of Directors of the Company confirms that, except for the matters that have been disclosed in accordance with the regulations, the Company does not have any matters that should be disclosed but have not been disclosed in accordance with the relevant provisions of the Listing Rules of the Science and Technology Innovation Board, or any plans and intentions related to such matters

The Board of Directors was also not informed of the information that should be disclosed in accordance with the Listing Rules of the Science and Technology Innovation Board and other relevant provisions but was not disclosed, which may have a greater impact on the trading price of the Company's shares and its derivatives.

Fourth, relevant risk warning

1. In accordance with the requirements of the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China and other relevant laws and regulations, the company will truthfully, accurately, timely, complete and fair disclose to investors material information that may affect the company's stock price for investors to make investment judgments. Limited by objective conditions, the company can not grasp the causes and trends of stock market changes, the company reminds investors to pay attention to stock price fluctuations and possible risks involved in the stock market in the future. The company especially reminds investors to pay attention to investment risks, make rational decisions, and invest prudently.

2. The company solemnly reminds investors that "Shanghai Securities News" and "Securities Times" are the company's designated information disclosure newspapers, and the Shanghai Stock Exchange website (www.sse.com.cn) is the company's designated information disclosure website. All information of the company is subject to the information published in the above-mentioned designated media. Investors are advised to invest rationally and pay attention to investment risks.

5. Attachments to online announcements

Reply to the inquiry letter on the abnormal fluctuation of the stock trading of Suzhou TZTEK Technology Co., Ltd.

The announcement is hereby made.

Board of Directors of Suzhou TZTEK Technology Co., Ltd

November 14, 2024