财信发展：股票交易异常波动

Core Viewpoint - The company has experienced significant stock price fluctuations, with a cumulative increase of over 20% in closing prices over two consecutive trading days, which is classified as abnormal trading activity [1] Summary by Relevant Sections Stock Price Movement - The company's stock price increased by over 20% cumulatively on November 20 and 21, 2025, indicating abnormal trading activity [1] Company Disclosure - The company confirmed that there are no corrections or supplements needed for previously disclosed information, and no undisclosed significant information that could impact stock prices has been found [1] Operational Status - The company's operational situation and external environment have not undergone significant changes [1] Shareholder Status - The controlling shareholder, Chongqing Caixin Real Estate Development Group Co., Ltd., and the indirect controlling shareholder, Chongqing Caixin Enterprise Group Co., Ltd., have entered bankruptcy reorganization, with relevant updates already disclosed [1] Trading Activity - During the period of abnormal stock price fluctuations, the controlling shareholder and actual controller did not engage in any stock trading [1] Future Uncertainties - The outcome of the bankruptcy reorganization for Caixin Real Estate and Caixin Group remains uncertain, and there is a possibility of changes in company control in the future [1]