Hefei Urban Construction: Stock price abnormally fluctuating, performance declining and has small association with Changxin Technology.

Hefei City Construction announced that if the closing price of the company's stock deviates by more than 20% for three consecutive trading days, it is considered abnormal volatility. The company's revenue for the year 2025 was 10.102 billion yuan, with a net loss of 521 million yuan; in the first quarter of 2026, the revenue was 2.688 billion yuan, with a net loss of 24.8946 million yuan, showing a significant year-on-year decline in performance. The company and its subsidiaries have made a capital contribution of 60 million yuan to Guolian Fund, accounting for 9.09% of the total. Guolian Fund indirectly invested 450 million yuan in Changxin Technology, but the company's indirect investment is very low, with no control or decision-making influence over Changxin Technology. The company's main business is real estate, with no business dealings with Changxin Technology and no short-term transformation plan.