DRINDA (02865): Abnormal Trading Activity in A-Share Stock, No Significant Changes in Business Operations or Environment

Stock News05-11

DRINDA has announced that its A-share stock experienced a cumulative deviation in closing prices exceeding 20% over three consecutive trading days. According to the relevant rules of the Shenzhen Stock Exchange, this constitutes abnormal trading activity.

In response to the abnormal stock price fluctuations, the company's board of directors has conducted inquiries with the controlling shareholders, actual controllers, and all directors and senior management. The findings are as follows:

1. There is no information previously disclosed by the company that requires correction or supplementation. 2. The company's current business operations are normal, with no significant recent changes in its operational status or internal and external business environment. 3. Apart from already disclosed announcements, the company is not aware of any public media reports containing information that could or has significantly impacted its stock price.

The company's recent initiatives into various new businesses are strategic explorations aligned with industry trends. Currently, these ventures contribute minimally to the company's revenue and profit, and they carry substantial operational and developmental uncertainties.

There is significant uncertainty regarding whether these new businesses can establish stable operations and achieve expected returns in the future. Factors such as delays in technology R&D, failure to meet project validation requirements, or obstacles in business advancement could adversely affect the implementation of the company's strategic plans.

The company will comply with relevant laws, regulations, and its own articles of association in fulfilling necessary decision-making procedures and information disclosure obligations based on specific cooperation progress. Investors are advised to be aware of the associated risks and to make rational, prudent investment decisions.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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