Kailong Co.: The future participation of the company in the Yaxia hydroelectric project remains uncertain.

Announcement of abnormal fluctuations in Kai Long shares trading: The company has noticed recent reports related to the concept of "Yaxia Hydropower Project" in the market. The company belongs to the civil explosive industry, with main business activities including production and sales of civil blasting equipment, ammonium nitrate and compound fertilizer, nano calcium carbonate and stone products, as well as providing blasting services. There is still uncertainty about whether the company can participate in the hydropower project in the future.