JULONG announced that the trading price of the company's convertible bonds has deviated by more than 30% in cumulative closing price over three consecutive trading days, which constitutes an abnormal fluctuation in convertible bond trading. As of the close on July 21, 2025, the price of "JULONG Convertible Bond" was 205.43 yuan per bond, with a bond face value of 100 yuan per bond, a conversion value of 205.85 yuan, and a conversion premium rate of -0.21%. The company and relevant personnel have verified that recent public media reports may contain information related to the company, but the company currently has no cooperation with technology companies, and the operating income of its holding subsidiary, Nanjing JULONG Composite Materials Technology Co., Ltd., accounts for a small proportion of the company's overall revenue