Jindun Co., Ltd.: Low-altitude ducted thruster business is still in the early stage of industrialization, with revenue accounting for less than 1%.

Jindun Co., Ltd. announced that the company's stock closing price deviation accumulated to more than 30% over two consecutive trading days, October 16 and October 19, 2026, constituting an abnormal fluctuation in stock trading. Upon verification, there is no need to correct or supplement the information previously disclosed by the company; no major changes have occurred in its operating conditions or the internal and external operating environment; the company currently has no controlling shareholder or actual controller; and during the period of abnormal fluctuation, the largest shareholder Wang Miaogen did not buy or sell the company's shares. Recently, the market has shown heightened attention to the low-altitude economy concept. The company's low-altitude ducted thruster business is still in the early stage of industrialization, and its market prospects are subject to significant uncertainty. At this stage, revenue from this business accounts for less than 1% of the company's total operating revenue and has not yet formed scaled revenue. The company has no major matters that should be disclosed but have not been disclosed. Investors are advised to invest rationally and be mindful of risks.