According to the Zhitong Finance APP, BCDC (600376.SH) announced that on September 13, 2025, it released the "Announcement on Abnormal Fluctuations in Stock Trading and Severe Abnormal Fluctuations" (Lin 2025-082). On September 15, the company's stock continued to hit the daily limit. Recently, the company's stock trading has shown a significant increase in trading volume, a substantial rise in turnover rate, a notable increase in the number of shareholders, and some institutional shareholders have reduced their holdings, indicating a risk of a potential decline due to the rapid short-term price increase.

The company has noted media reports that its holding subsidiary, Beijing BCDC Yingxin Investment Management Co., Ltd. (hereinafter referred to as "Yingxin"), indirectly holds equity in Hangzhou Yushu Technology Co., Ltd. (hereinafter referred to as "Yushu Technology"). Yingxin is a holding subsidiary with a shareholding ratio of 62.74% in the company. As of July 2025, Yingxin has committed a capital contribution of 300 million yuan to Jinshi Growth Equity Investment (Hangzhou) Partnership (Limited Partnership) (hereinafter referred to as "the Fund"), with an actual contribution of 180 million yuan. According to the company's understanding, as of August 25, the committed scale of the Fund was 460,963.95 thousand yuan. Based on this calculation, Yingxin's proportion of the Fund's committed share is approximately 6.51% (this proportion changes with the actual operational committed scale of the Fund).

According to Tianyancha, the Fund holds 4.7683% of Yushu Technology's equity. Based on this calculation, Yingxin's indirectly held equity in Yushu Technology is approximately 0.3%, which is a very low shareholding ratio. Yingxin's investment in the Fund is purely a financial investment, with no control or influence over the Fund's decision-making and operations