Dongbai Group announced that the cumulative deviation value of the closing price increase of more than 20% for 3 consecutive trading days on October 8, 9 and 12, 2026 was an abnormal fluctuation in stock trading. The company disclosed on October 12 that it plans to acquire part of the shares of Hangzhou Kuailing Optoelectronics Technology Co., Ltd., and Dongbaichuangzhi plans to acquire 52.6667% of the shares in the target company. As of the date of disclosure of the announcement, no formal transaction agreement has been signed, and there is significant uncertainty about whether the deal can be implemented. The target company's revenue for 2025 and January-August 2026 was 397.613 million yuan and 34.8693 million yuan, respectively, and net profit was -15.5722 million yuan and -2,517 million yuan, respectively. The cumulative increase in the company's stock from October 8 to 12, 2026 was 19.96%. As of October 12, 2026, the static price-earnings ratio was 212.51 and the rolling price-earnings ratio was 198.71, which was significantly higher than 22.53 and 21.75 in the retail industry as of October 9, 2026. The company self-inspected and sent a letter to the controlling shareholder and actual controller to verify that other than the matters already disclosed, there were no important matters that should have been disclosed but not disclosed.

Dongbai Group announced that the cumulative deviation value of the closing price increase of more than 20% for 3 consecutive trading days on October 8, 9 and 12, 2026 was an abnormal fluctuation in stock trading. The company disclosed on October 12 that it plans to acquire part of the shares of Hangzhou Kuailing Optoelectronics Technology Co., Ltd., and Dongbaichuangzhi plans to acquire 52.6667% of the shares in the target company. As of the date of disclosure of the announcement, no formal transaction agreement has been signed, and there is significant uncertainty about whether the deal can be implemented. The target company's revenue for 2025 and January-August 2026 was 397.613 million yuan and 34.8693 million yuan, respectively, and net profit was -15.5722 million yuan and -2,517 million yuan, respectively. The cumulative increase in the company's stock from October 8 to 12, 2026 was 19.96%. As of October 12, 2026, the static price-earnings ratio was 212.51 and the rolling price-earnings ratio was 198.71, which was significantly higher than 22.53 and 21.75 in the retail industry as of October 9, 2026. The company self-inspected and sent a letter to the controlling shareholder and actual controller to verify that other than the matters already disclosed, there were no important matters that should have been disclosed but not disclosed.