Kanglongda: Abnormal stock trading fluctuations, controlling shareholder and concerted action parties implementing reductions in holdings.

Kanglongda announced that the closing price of the company's stock deviated by 20% over three consecutive trading days from July 20th to 22nd, 2026, which constitutes abnormal fluctuations. After self-inspection, the company's operations are normal, both internal and external environments have not changed, and there is no significant undisclosed information that should have been disclosed. During the abnormal fluctuation period, the controlling shareholder's concerted action person, Hainan Yuhao Entrepreneurial Investment Partnership, reduced holdings by 900 shares and 7,000 shares on July 20th and 21st, respectively. The company had previously disclosed the reduction plan. The company reminds investors to be cautious of risks.