Jingtou Development: Abnormal fluctuations in stock price, multiple transactions with uncertainties

Jingtou Development announced that the companys stock had an accumulated deviation of over 20% in the increase on two consecutive trading days, August 10 and 11, 2026, which is considered abnormal volatility. The company is currently operating normally, and aside from the disclosed asset sale and acquisition matters, there is no significant information that should be disclosed but has not been. The net profit loss for 2025 was 1.216 billion yuan, with a loss of 128 million yuan in the first quarter of 2026 and a loss of 313 million yuan in the first half of the year. Both matters are still in the planning stage and need to undergo decision-making and approval processes, which carry uncertainties. As of August 10, the companys price-to-book ratio was 2.82, higher than the industry average.