FENGYUAN announced that the company's stock price has deviated by more than 20% over three consecutive trading days, which constitutes abnormal volatility. After verification, the company confirmed that there is no need to correct or supplement previous information, operations are normal, and no significant undisclosed information has been found in public media reports. The company is currently advancing the issuance of A-shares to specific targets, which still requires approval from the shareholders' meeting, review by the Shenzhen Stock Exchange, and registration with the China Securities Regulatory Commission, with uncertainty regarding implementation and timing. The controlling shareholder and actual controller have not bought or sold the company's stock during this period. Investors are reminded to pay attention to risks