---
title: "5 days 3 boards Daqian: The company and Jiangsu Qianchongjia Technology Co., Ltd. have no arrangements to acquire Hangzhou Chongpangpang Technology Co., Ltd"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/236788162.md"
description: "Daqian announced that due to abnormal fluctuations in stock trading, the cumulative increase in closing price over two consecutive trading days reached 20%. The company established a wholly-owned subsidiary, Jiangsu Qianchongjia Technology Co., Ltd., in March 2025, which is still in the initial stage and has not led to significant changes in the main business. The company and Jiangsu Qianchongjia Technology Co., Ltd. currently have no plans to acquire Hangzhou Chongpangpang Technology Co., Ltd., and there are no undisclosed matters involving major asset restructuring"
datetime: "2025-04-21T12:05:21.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/236788162.md)
  - [en](https://longbridge.com/en/news/236788162.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/236788162.md)
---

# 5 days 3 boards Daqian: The company and Jiangsu Qianchongjia Technology Co., Ltd. have no arrangements to acquire Hangzhou Chongpangpang Technology Co., Ltd

Daqian Ecology announced that the cumulative closing price deviation of the company's stock has reached 20% over two consecutive trading days, which constitutes an abnormal fluctuation in stock trading. The company invested in the establishment of a wholly-owned subsidiary, Jiangsu Qianchongjia Technology Co., Ltd., in March 2025. This subsidiary is still in its early stages and has not led to significant changes in the company's main business, with considerable uncertainty in future development. As of now, neither the company nor Jiangsu Qianchongjia Technology Co., Ltd. has any plans to acquire Hangzhou Chongpangpang Technology Co., Ltd. The above matters do not involve major asset restructuring or other significant matters that should be disclosed but have not been disclosed

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