Koal: Abnormal stock price fluctuations, revenue down 40% in the first half of the year and plans to acquire equity

Koal announced that the company's stock price deviated by more than 20% over two consecutive closing days on October 23-24, 2025, indicating abnormal fluctuations. The company's revenue for the first half of 2025 was 115.6909 million yuan, a year-on-year decrease of 40.16%, with a net profit of -72.6914 million yuan. The company is currently operating normally and is advancing the acquisition of more than 51% equity in Weipin Zhiyuan and the issuance of stocks to specific targets through a simplified procedure. In addition, three executives, including director and general manager Ye Feng, plan to reduce their holdings from September 22 to December 21, 2025