Karun Shares: The company launched the "Karun Shares 2025 Shareholder Appreciation" activity in September 2025.

Securities Star News, KaiRun Co., Ltd. (300577) responded to investor questions on March 16 via the investor relations platform.

Investor: Currently, there are few questions from investors on the company’s interactive platform, and attention is relatively low. Does the company have plans to enhance shareholder engagement and market attention through exclusive shareholder activities? For example, hosting shareholder-only shopping events, offering discounts and benefits, which can strengthen shareholders’ sense of belonging, demonstrate the company’s regard for investors, and effectively promote the brand and product reputation. Is the company considering launching such shareholder-specific activities to attract more investors’ attention and encourage long-term holding of the stock?

KaiRun Co., Ltd. Secretary: Dear investor, hello. The company held the “KaiRun Co., Ltd. 2025 Shareholder Feedback Event” in September 2025, which has now concluded. In the future, the company will explore diverse formats to enhance shareholder participation based on business characteristics and shareholder needs. Any related activities will be promptly disclosed through announcements. Thank you for your attention and suggestions.

Investor: As a small or medium investor, I am very concerned about whether the company can be included in the margin trading and short-selling targets. The company has repeatedly emphasized the importance of market value management and liquidity maintenance, and inclusion in margin trading is an important measure to increase trading activity and improve shareholder structure. I would like to ask management: Has the company conducted a comprehensive self-check against the standards for margin trading targets set by the Shenzhen Stock Exchange? Are there clear plans and measures to address any deficiencies? Why, while emphasizing market value management, has the company not actively promoted meeting the criteria for inclusion? We hope the company will genuinely safeguard the interests of small and medium shareholders and come up with feasible solutions to improve liquidity and valuation levels.

KaiRun Co., Ltd. Secretary: Dear investor, hello. The performance in the secondary market is influenced by macroeconomic conditions, investor preferences, and sentiment among other factors. The company always attaches great importance to market value management centered on enterprise value, and has established a dedicated working group to legally and compliantly utilize market value management tools. The company also actively learns from successful listed companies’ approaches to enhance market value management, aiming to improve market performance and gain market recognition. Whether the company can be included in margin trading targets depends on the review and approval by the Shenzhen Stock Exchange, which publishes the list publicly. Thank you for your attention.

Investor: The average daily trading volume of the company’s stock has been consistently low, and insufficient liquidity directly prevents inclusion in margin trading, severely affecting trading convenience and shareholder confidence. As small and medium shareholders, we prefer not to repeatedly point this out directly but hope the company will proactively address it. How does management view liquidity issues? What specific measures will be taken to increase daily trading volume and improve trading activity? Please provide a clear and direct response.

KaiRun Co., Ltd. Secretary: Dear investor, hello. The secondary market performance is affected by multiple factors. The company’s market value management team will arrange roadshows and promotional activities based on performance disclosures and market dynamics, continuously strengthening communication with various market participants. The company will lawfully and compliantly use market value management tools, learn from successful listed companies’ methods, convey corporate value, stabilize market expectations, and strive to improve market performance and recognition. Thank you for your attention.

Investor: Does the company’s chairman have a public social media account? Can small and medium shareholders communicate with the chairman through compliant and public social media channels? Could the company clarify the official channels for communication between shareholders and management to ensure shareholders’ right to know and smooth communication?

KaiRun Co., Ltd. Secretary: Dear investor, hello. The company’s chairman has not established a public media account. Shareholders can communicate with the company through investor emails, hotlines, regular earnings presentations, and the Interactive Easy platform. Thank you for your attention.

Investor: The company needs a reasonable valuation to attract long-term funds such as social security, while also improving liquidity to attract trading funds. Currently, the company is not included in margin trading targets, limiting trading tools and activity. Will the company continue to improve operations, increase circulating market value and trading activity, and actively meet the criteria for margin trading inclusion? Will it closely monitor the exchange’s adjustments to target lists to achieve early inclusion, optimize investor structure, and enhance stock liquidity?

KaiRun Co., Ltd. Secretary: Dear investor, hello. The management team continuously monitors the company’s secondary market performance. They will continue to focus on high-quality development through various operational efforts to create higher investment value. The company will also arrange roadshows and promotional activities based on performance disclosures and market trends, lawfully and compliantly use market value management tools, learn from successful companies, convey corporate value, stabilize market expectations, and strive to improve market performance and recognition. The company will pay close attention to changes in margin trading target lists. Thank you for your concern and suggestions.

Investor: Does the company’s core business have growth potential and clear growth points? The recent daily trading volume has been persistently low, and liquidity is weak. Has management noticed this issue? What specific measures will be taken to boost trading activity and increase market attention? Additionally, it is recommended that the company regularly conduct shareholder-exclusive discount purchase activities, which can boost brand sales, improve reputation, strengthen shareholder confidence, attract new investors, and expand the shareholder base. We hope the company will actively manage investor relations and market value.

KaiRun Co., Ltd. Secretary: Dear investor, hello. The company’s annual reports detail the drivers of performance, including market-driven factors, management and R&D innovation, global capacity layout, deep supply chain management combined with cross-industry operations, and textile and apparel production extension. Please refer to the relevant announcements for specifics. The company will arrange roadshows and promotional activities based on performance disclosures and market trends, lawfully and compliantly use market value management tools, and continuously strive to enhance market performance and recognition. The company will explore diverse formats to increase shareholder engagement. Any future activities will be promptly disclosed. Thank you for your attention and suggestions.

Investor: Does the company consider establishing or participating in industry funds, M&A funds, or other ways to introduce incremental capital and improve the low liquidity of its stock?

KaiRun Co., Ltd. Secretary: Dear investor, hello. The company will reasonably utilize market value management tools, continuously work to improve market performance, and enhance market recognition. Any related matters will be disclosed in accordance with laws and regulations. Please stay tuned to official announcements. Thank you for your concern and suggestions.

The above content is compiled from public information by Securities Star, generated by AI algorithms (Network Information Code 310104345710301240019), and does not constitute investment advice.