兆易创新：公司持有长鑫科技股份仅占其当前总股本的1.8%，持股比例较小

Odaily Planet Daily reported that GigaDevice has issued an announcement regarding abnormal stock fluctuations. The company's stock price cumulative deviation from the closing price increase over three consecutive trading days exceeded 20%, constituting a situation of abnormal stock trading fluctuations. The company recently noticed some online media reports claiming that its stock is a concept stock related to the initial public offering and listing of ChangXin Memory Technologies Inc.

The company hereby explains the relevant situation as follows: As of the disclosure date of this report, the company's shareholding in ChangXin Memory Technologies accounts for only 1.8% of its current total share capital, representing a relatively small stake. The company cannot exert significant influence over ChangXin Memory Technologies' production and operation decisions. The company's relevant investment in ChangXin Memory Technologies is accounted for under the "Other Equity Instruments Investments" category. The fair value changes arising from ChangXin Memory Technologies' initial public offering and listing will have no direct impact on the company's net profit for the current and future periods. (Jin Shi)