KING EXPLORER: The company's stock price has surged significantly in the short term, which may pose a risk of a pullback after a large short-term increase

On January 22, Jin10 reported that KING EXPLORER issued an announcement regarding severe abnormal fluctuations in stock trading. The company's stock price has deviated by more than 100% in cumulative closing price increase over 10 consecutive trading days from January 9, 2025, to January 22, 2025, which constitutes a severe abnormal fluctuation in stock trading. The company's main business has not undergone significant changes, and its fundamentals have also not changed significantly, with no major information that should have been disclosed but was not. The company's stock price has risen sharply in the short term, which may pose a risk of a pullback after a significant short-term increase. The company reminds investors to pay attention to secondary market trading risks, make prudent decisions, and invest rationally