Thu Duc Housing Development Corporation explained the increase in the ceiling prices in five consecutive trading sessions from May 24, 2023 to May 30, 2023 as follows:

The stock price of TDH increased in the recent trading sessions due to the prompt improvement of connection with the shareholders and investors, the business activity of the electronic components, the fluctuation of real market, the transfer procedure of incomplete projects with related parties, the right of operating Thu Duc Agriculture Wholesale Market. The Company does not have any impact on the market price.