Jiangsu Lopal Tech (603906.SH / 2465.HK) Reports Unusual Share Price Movements and Contract Update

Bulletin Express11-26

Jiangsu Lopal Tech. Group Co., Ltd. released an announcement highlighting a more than 20% cumulative increase in its share closing price over two consecutive trading days on November 25 and 26, 2025, meeting the Shanghai Stock Exchange criteria for unusual movements. The company emphasizes that its production and operations remain normal, with core business activities proceeding in an orderly fashion. It also notes that no significant market or industry policy changes have surfaced during this period.

The company discloses that it recorded operating revenues of RMB8.729 billion in 2023, RMB7.673 billion in 2024, and RMB5.825 billion in the first three quarters of 2025. Corresponding net profits attributable to shareholders were RMB-1.233 billion, RMB-0.636 billion, and RMB-0.110 billion, respectively. The announcement also refers to a major cooperation agreement disclosed on November 25, 2025. Future performance remains uncertain, dependent on actual purchase orders, evolving market conditions, and execution cycles.

In addition, Jiangsu Lopal Tech reiterates its intention to issue A shares to specific targets, a plan that has passed board and shareholder approvals but still awaits regulatory review. A potential option incentive plan for directors, senior management, and core technical or business personnel has also been presented. The plan involves granting options equivalent to around 1% of the total share capital, subject to further shareholder approval. The company reminds investors to closely monitor the uncertainties associated with these initiatives and to exercise caution in secondary market trading.

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.

Comments

We need your insight to fill this gap
Leave a comment