Zhejiang XCC Group published an announcement about abnormal stock trading fluctuations on the evening of December 3rd. The company's screw products are newly developed products based on the technological extension of bearing products. Currently, the company's screw products include three types: trapezoidal screws (sliding screws), ball screw pairs, and planetary roller screws. From 2024 to date, the accumulated invoiced revenue from screw products is approximately 6.8 million yuan including tax (including auto-related screw products), accounting for 0.22% of the company's total revenue for 2023, which is a very small proportion and does not impact the company's performance. Currently, the company is serving as a secondary supplier primarily providing screw-related products to the Hangzhou company (with a small amount supplied through other channels). The company is still unable to determine the downstream customers of the Hangzhou company. Regarding market rumors, the company discovered outflows of similar company research records in the market. After the company's verification, the content was not released through the company’s research, constituting false market information. The company reserves the right to pursue legal responsibility against relevant enterprises and personnel for disseminating such false information.