Daqian Ecological: Subsidiary Jiangsu Qianchongjia Technology Co., Ltd. is still in the initial stage.

date
01/05/2025
On the evening of April 30, Daqian Ecological announced that the closing prices of the company's stock on April 28, April 29, and April 30 had deviated by a cumulative 20% for three consecutive trading days, which was considered abnormal stock trading volatility. After verification, the company's production and operation activities are currently normal, the main business has not undergone significant changes, the market environment or industry policies have not experienced major adjustments, and the internal production and operation order is normal. The company, its controlling shareholder, and actual controller do not have any significant undisclosed information that should be disclosed. The company has noticed discussions on platforms such as the media and stock forums regarding its pet-related business. To avoid misleading investors, the company provides the following explanation: Its wholly-owned subsidiary, Jiangsu Qianchongjia Technology Co., Ltd., was established for the company to explore diversified development and expand into new businesses. It is currently in the initial stage and has not resulted in significant changes to the company's main business. The future development still has considerable uncertainty, and the company will fulfill its disclosure obligations promptly according to the development of the business.