---
title: "Daqian's wholly-owned subsidiary is currently in the startup phase and has not caused significant changes to its main business"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/238290461.md"
description: "Daqian Ecology announced that its wholly-owned subsidiary Jiangsu Qianchongjia Technology Co., Ltd. is currently in the startup phase and has not had a significant impact on its main business. The company's stock has deviated by 20% over three consecutive trading days, which is considered an abnormal fluctuation. To avoid misleading investors, the company emphasizes that there is still uncertainty in future development and will disclose information in a timely manner based on business progress"
datetime: "2025-04-30T12:41:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/238290461.md)
  - [en](https://longbridge.com/en/news/238290461.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/238290461.md)
---

# Daqian's wholly-owned subsidiary is currently in the startup phase and has not caused significant changes to its main business

According to the Zhitong Finance APP, Daqian Ecological (603955.SH) announced that the cumulative price deviation of its stock closing price has reached 20% over three consecutive trading days. According to the relevant provisions of the "Shanghai Stock Exchange Trading Rules," this constitutes an abnormal fluctuation in stock trading.

The company has noticed discussions on media and stock forums regarding its engagement in pet-related businesses. To avoid misleading investors, the company clarifies the following: Its wholly-owned subsidiary, Jiangsu Qianchongjia Technology Co., Ltd., was established to explore diversified development and expand new businesses. Currently, it is still in the initial stage and has not led to significant changes in the company's main business. There remains considerable uncertainty regarding future development, and the company will fulfill its information disclosure obligations in a timely manner based on business development conditions

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