Wanlin Logistics issued a notice of abnormal fluctuations in stock trading. In the short term, the company's stock price has experienced significant fluctuations, with risks of overheated market sentiment and irrational speculation. According to the latest data released by China Securities Index Co., Ltd., as of November 1, 2024, the rolling price-to-earnings ratio of the company's transportation, warehousing, and postal industry was 14.71, the price-to-book ratio was 1.39; during the same period, the company's rolling price-to-earnings ratio was 171.71, the price-to-book ratio was 4.64, both higher than the industry average levels, indicating that the company's stock price deviates significantly from the reasonable valuation of listed companies in the same industry. According to the audit report for the year 2023 issued by Asia Pacific (Group) Certified Public Accountants (special general partnership), as of December 31, 2023, the company's consolidated balance sheet showed undistributed profits of -464,971,995.21 yuan, and the paid-in capital was 633,144,502.00 yuan. The company's accumulated losses reached one-third of the total paid-in capital amount before they could be fully offset. Therefore, before the losses are fully compensated for, the company faces a long-term risk of being unable to distribute cash dividends.