Several high-performing stocks have released announcements!
On the evening of December 4, Sun Cable, a stock that had risen for three consecutive trading days, announced that its shareholder Xiamen Xiangyu Group and its affiliates plan to collectively reduce their holdings by no more than 3% of the company's shares.
Additionally, Haike Xinyuan, another high-performing stock, disclosed that its shareholder Haike Xinyuan Asset Management Plan intends to sell no more than 5.57 million shares (2.50% of the company’s total equity) within three months after 15 trading days.
On the same evening, Aerospace Hi-Tech, which had risen three times in five trading days, clarified that its main business does not involve commercial aerospace. Anji Food, which had risen for three consecutive sessions, warned that its price-to-earnings ratio is significantly higher than industry peers. Junya Technology, up for two straight sessions, stated that its PCB products can be used in humanoid robots, but such products account for a very small portion of its revenue.
Here are the details:
**Sun Cable and Haike Xinyuan Announce Shareholder Reduction Plans** On December 4, Sun Cable’s stock price hit the daily limit-up, marking its third consecutive gain, with its total market cap exceeding 6.8 billion yuan.
That evening, Sun Cable announced that due to operational needs, major shareholder Xiamen Xiangyu Group and its affiliate Bosera Capital’s single-asset management plan plan to sell up to 21.67 million shares (3% of total equity) within three months after 15 trading days, via block trades or centralized bidding. No more than 1% of shares will be sold through centralized bidding.
Currently, Xiangyu Group holds 101 million shares (14.04% of total equity), while its affiliate holds 11.99 million shares (1.66%). Combined, they hold 113 million shares (15.70%), including 107.69 million pre-IPO shares.
The previous day (December 3), Sun Cable issued a volatility announcement, stating no undisclosed material information or major operational changes.
Separately, Haike Xinyuan announced that its employee strategic placement asset management plan intends to sell up to 5.57 million shares (2.50% of total equity) within three months after 15 trading days for investment liquidation purposes.
Haike Xinyuan clarified that the shares were acquired during its IPO and became tradable on July 8, 2024. The stock has surged over 400% year-to-date.
**Multiple Stocks Issue Risk Warnings** On the same evening, Aerospace Hi-Tech, Anji Food, Junya Technology, and Longzhou Group issued risk warnings.
Aerospace Hi-Tech emphasized its main business excludes commercial aerospace and reported a net loss of 247 million yuan for the first three quarters of 2025.
Anji Food cautioned about its high P/E ratio and potential price correction risks, though operations remain normal.
Junya Technology noted its PCB products for humanoid robots contribute less than 0.05% of revenue, with minimal impact on performance.
Longzhou Group warned of trading risks due to recent price surges and uncertainties around its subsidiary’s production resumption and ongoing litigation.
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