Yuanlin Corporation: Abnormal fluctuations in stock prices indicate multiple investment risks.

Garden shares announced that the closing price of the company's stock deviated by more than 20% for three consecutive trading days on May 21, May 22, and May 25, 2026, which is considered abnormal volatility. The company's price-to-book ratio is 6.56, significantly higher than the industry average of 0.55, indicating a risk of overvaluation. The revenue in 2025 was 483 million yuan, a year-on-year decrease of 33.07%, with a net loss of 170 million yuan; the revenue in Q1 of 2026 was 147 million yuan, a year-on-year decrease of 11.87%, with a net loss of 11.58 million yuan. As of the announcement date, the controlling shareholder and its concerted actors have pledged a total of 52.37 million shares, accounting for 56.11% of the concerted actors' shareholding and 32.48% of the total share capital, with a relatively high pledge ratio.