Crested ibis: Stock abnormal fluctuations, revenue and net profit both decreased in the first three quarters of 2025.

Tai Ping Bird announced that the closing prices of the company's stock on November 18 - 19, 2025, have consecutively deviated by more than 20% for 2 trading days, indicating abnormal volatility. As of the disclosure date of the announcement, there is no significant undisclosed information that should be disclosed. In the first three quarters of 2025, the company's revenue was 4,216,994.3 million yuan, a decrease of 7.15% year-on-year; net profit was 28,259.0 million yuan, a decrease of 73.79% year-on-year, indicating a significant decline in performance risk. Additionally, as of November 19, the company's static price-earnings ratio was 32.83 times, and the price-earnings ratio was 47.42 times, higher than the industry average level, reminding investors to pay attention to risks.