Beijing Capital Development acknowledges unusual stock activity

Beijing Capital Development (SSE:600376) has responded to an inquiry regarding recent abnormal fluctuations in its stock trading, confirming that neither the company nor its controlling shareholder, Beijing Capital Tianhong Group, are aware of any undisclosed material information that could have influenced the stock activity. This includes potential significant asset restructuring, share issuance, major transactions, business reorganization, share repurchases, equity incentives, bankruptcy reorganizations, major business cooperation, or the introduction of strategic investors.