Hudian Co., Ltd.: The stock has increased by more than 20% cumulatively over three consecutive days

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ShuDian Co., Ltd. announced that the company’s stock experienced abnormal trading fluctuations, with the cumulative deviation of the daily closing prices exceeding 20% during three consecutive trading days from February 24 to February 26, 2026. After self-examination, the company confirmed that the previously disclosed information was accurate, there have been no significant changes in the recent operating environment, and no undisclosed major information that could affect the stock trading price was found. The company is planning to sell equity in its secondary subsidiaries and purchase land use rights for new projects, but the controlling shareholder and actual controller did not buy or sell during the abnormal fluctuation period. The company is also planning to sell all shares of its secondary subsidiary, Huangshi Supply Chain Management Co., Ltd., to its actual controller.

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