Zhitong Finance App News, Yuandong Co., Ltd. (600869.SH) issued an announcement. The cumulative daily closing price drop deviation value of the company's stock exceeded 20% for 3 consecutive trading days on July 16, July 17, and July 20, 2026. According to the relevant provisions of the “Shanghai Stock Exchange Trading Rules”, this is an abnormal fluctuation in stock trading. It was previously disclosed that the total capital raised by the company to issue shares to specific targets will not exceed 2 billion yuan. After deducting the relevant issuance fees, the funds raised will be used to invest in “AIDC's fully synthetic optical fiber prefabricated rod manufacturing project” and “supplementary working capital.” Currently, project construction and business development are progressing in an orderly manner.

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