Big Dragon Real Estate's stock is experiencing abnormal fluctuations, and the equity acquisition is still in the planning stage.

On September 23-24, 2025, Dalong Real Estate's stock price deviated by over 20% for two consecutive trading days, indicating abnormal fluctuations. Through self-inspection, the company's production and operation are normal, and both internal and external environments as well as industry policies have not changed. The controlling subsidiary plans to acquire 60% of the equity of Beijing Chengzhu Real Estate Development Co., Ltd., which is still in the planning stage and carries uncertainty. The controlling shareholder and actual controller have not disclosed any undisclosed significant information, nor have they found any media reports or rumors affecting stock prices. The company reminds investors to pay attention to trading risks. In 2024, the revenue was 752 million yuan, with a net profit of -199 million yuan; in the first half of 2025, the revenue was 312 million yuan, with a net profit of -10.75 million yuan.