On September 22, Inner Mongolia Xinhua (603230.SH) issued a volatility announcement, stating that the cumulative deviation of its stock closing price gains over three consecutive trading days exceeded 20%. According to the relevant rules of the Shanghai Stock Exchange Trading Rules, this constitutes a situation of abnormal stock trading fluctuations with a relatively large amplitude. The company's daily operating conditions and external environment have not undergone significant changes. No major adjustments have occurred in the market environment or industry policies, production costs and sales have not experienced significant fluctuations, internal production and operation order remains normal, no major contracts have been recently signed or are under negotiation, and no new projects have been invested for industrial transformation and upgrading. The listed company's core business operations do not involve new technologies, new industries, new business formats, or new models. On the same day, the Shanghai Stock Exchange issued a regulatory work letter to Inner Mongolia Xinhua, targeting the listed company. Inner Mongolia Xinhua's stock has already hit the daily limit up for five consecutive trading days.
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