On the evening of November 16, China Fortune Land Development Co.,Ltd. (CFLD) announced that its stock had experienced abnormal trading volatility. The cumulative deviation in closing prices exceeded 20% over two consecutive trading days on November 13 and November 14, 2025, triggering regulatory disclosure requirements.
Following internal reviews and verification with controlling shareholders and actual controllers, CFLD confirmed no other undisclosed material events beyond those mentioned in its earlier announcement regarding creditors' application for pre-reorganization and reorganization, as well as the court's acceptance of the pre-reorganization process.
The company emphasized compliance with disclosure regulations and reiterated its commitment to keeping investors informed of material developments.
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