Liren Lizhuang Sees 'Heaven-and-Earth Board' Volatility in Trading; Company Responds

On October 14, Liren Lizhuang opened at the limit-up price, briefly achieving four consecutive limit-ups before sharply reversing to hit the limit-down during trading, creating a 'heaven-and-earth board.' By close, the stock fell 8.93% with over 1 billion yuan in turnover and a turnover rate of 22.92%. In response to the market volatility, reporters contacted Liren Lizhuang as investors; staff indicated the company has no control over secondary market fluctuations, operations are normal, and Q3 results are being finalized for release on October 30. Regarding whether the company can turn losses into profits this year, staff stated that specific data must be released first to determine.