Shandong Yulong Gold issued a stock price abnormality notice and checked with the controlling shareholder in writing. As of the date of the announcement, there are no major matters that should be disclosed and have not been disclosed. Recently, the company received a notice from its controlling shareholder, Jinan High-tech Development Holding Group Co., Ltd., to build Ji'nan High-tech Zone's stock-listed investment management platform. Jigao Holdings, Jinan High-tech City Construction and Development Co., Ltd., and Jinan High-tech Shenghe Development Co., Ltd. jointly invested in the establishment of Jigao Capital. Jigao Holdings plans to use all of its holding the company's equity to invest in Jigao Capital, and will transfer a total of 230,070,000 shares of Yulong Gold to Jigao Capital by agreement. After this equity change, Jigao Capital will directly hold 230,070,000 shares of the company, accounting for 29.38% of the total share capital of the company and become the company's direct controlling shareholder. The actual controller of the company remains unchanged.