Joyang Co., Ltd. announced that the cumulative deviation value of the closing price increase of the company's stock reached 22.63% for two consecutive trading days on October 9 and October 12, 2026, which is an abnormal fluctuation in stock trading. As of October 9, 2026, the company's rolling price-earnings ratio was 173.11 and the static price-earnings ratio was 98.13, which was significantly higher than the average of its electrical machinery and equipment manufacturing industry. According to verification, the company's revenue for the first half of 2026 was 3.489 billion yuan, down 12.49% year on year; net profit to mother was 71.7732 million yuan, down 41.52% year on year. The company's overseas revenue accounts for 8.79%, and the tariff adjustment has little impact; it operates independently with JS Global Life and SharkNinja, and there are no important related arrangements; the shareholding ratio of deep thinking and enjoying Ke Smart is low, which has no significant impact on performance; there is no strategic partnership with Huawei; it does not involve any business related to Hakimi; and the application of space technology has not formed an independent business. The company is operating normally, no important matters should be disclosed, and the controlling shareholder and actual controller did not trade the company's shares during the period of change.

Joyang Co., Ltd. announced that the cumulative deviation value of the closing price increase of the company's stock reached 22.63% for two consecutive trading days on October 9 and October 12, 2026, which is an abnormal fluctuation in stock trading. As of October 9, 2026, the company's rolling price-earnings ratio was 173.11 and the static price-earnings ratio was 98.13, which was significantly higher than the average of its electrical machinery and equipment manufacturing industry. According to verification, the company's revenue for the first half of 2026 was 3.489 billion yuan, down 12.49% year on year; net profit to mother was 71.7732 million yuan, down 41.52% year on year. The company's overseas revenue accounts for 8.79%, and the tariff adjustment has little impact; it operates independently with JS Global Life and SharkNinja, and there are no important related arrangements; the shareholding ratio of deep thinking and enjoying Ke Smart is low, which has no significant impact on performance; there is no strategic partnership with Huawei; it does not involve any business related to Hakimi; and the application of space technology has not formed an independent business. The company is operating normally, no important matters should be disclosed, and the controlling shareholder and actual controller did not trade the company's shares during the period of change.