Beijing Capital Development: Stock price abnormally fluctuating, expected loss of 1.025 billion to 1.23 billion yuan in 2025.

announced that the company's stock price had a cumulative deviation of over 20% for three consecutive trading days from March 11th to 13th, which was considered abnormal volatility. On the 16th, the stock price continued to rise and closed 32.05% higher compared to March 10th, with a cumulative turnover rate of 24.92%, and a price-to-book ratio higher than the industry average. The company's revenue for the first three quarters of 2025 was 550 million yuan, a year-on-year decrease of 50.74%, with a net loss of 374 million yuan. It is expected that the net profit attributable to the parent company in 2025 will be between -1.23 billion and -1.025 billion yuan. In addition, the company is planning a major asset sale and related transactions, which are still in the planning stage, reminding investors to pay attention to the risks.