ST Cedar Development: The stock has deviated by more than 12% in cumulative increase over 3 consecutive days, indicating abnormal fluctuations

Cedar Development announced that the cumulative deviation of the daily closing price increase of its stock exceeded 12% over three consecutive trading days, which constitutes an abnormal fluctuation in stock trading. After verification, the company stated that there are no corrections or supplements to the previously disclosed information, and no undisclosed significant information affecting the stock price has been found. The company's operations are normal, and it maintains independence from related parties. The company and its controlling shareholders have no significant matters that should be disclosed but have not been disclosed. During the period of abnormal fluctuation, the controlling shareholders did not buy or sell the company's stock. The company reminds investors to pay attention to subsequent announcements and to be aware of risks