Beijing Jingyeda Technology Co Ltd

Jingyeda announced on the evening of September 27 that on September 24 it received a Notice of Release from Detention issued by the relevant supervisory authority, lifting the detention measures against Qian Rui, the company's actual controller and chairman, and that the company's current production and operations are normal. From detention in early July to release in late September, the entire process lasted about two and a half months. Looking back, on the evening of July 8, Jingyeda announced that it had received notice on July 7 that Qian Rui, the actual controller and chairman, had been detained by the relevant authorities, and the company also stated that other directors and senior management were performing their duties normally, with day-to-day management handled by the senior management team. Qian Rui served as the company's legal representative, executive director, and general manager from October 1997 to June 2017, and has served as chairman and legal representative since June 2017. Jingyeda's main business covers three segments: smart education, smart examination, and smart rail. In the first half of this year, it achieved operating revenue of 112 million yuan, a year-on-year decrease of 5.1 percent, and a net loss attributable to the parent company of 74 million yuan, with the loss widening year-on-year. Over the past two months, the company's share price has shown notable volatility, hitting four consecutive daily limit-up moves from August 28 to September 2, followed by a successive decline. The company clarified that revenue from its independently sold agent-related business accounts for an extremely low proportion of total operating revenue, and by rough estimate does not exceed 1 percent of the company's operating revenue for the first half of 2026. Jingyeda's latest closing price was 14.85 yuan per share, with a total market value of 3.436 billion yuan.