Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited state that they take no responsibilities for the contents of the announcement issued by Shandong Molong Petroleum Machinery Company Limited and disclaim any liability for any loss arising from or in reliance upon the announcement.
Shandong Molong Petroleum Machinery Company Limited, a Sino-foreign joint stock limited company, reported that its A Shares (stock short name: Shandong Molong, stock code: 002490) experienced a closing price increase of over 20% cumulatively across three consecutive trading days (4 March 2026, 5 March 2026, and 6 March 2026). Over the five consecutive trading days from 2 March 2026 to 6 March 2026, the share price rose by 52.37%.
The announcement highlights that short-term fluctuations in international crude oil prices have no substantial positive impact on the company’s performance, and it warns of potential overheated market sentiment. The board of directors confirms that previously disclosed information remains valid, there is no undisclosed material event, and the company’s operations remain stable.
Shandong Molong Petroleum Machinery Company Limited reminds that its “Results Estimation for Year 2025,” disclosed on 29 January 2026, has not changed and remains a preliminary projection by the finance department. The entity reiterates that official information is released through China Securities Journal, Shanghai Securities News, Securities Daily, Securities Times, and the CNINFO website. The company advises attentive review of all official disclosures and notes that investors should exercise prudence when evaluating secondary market risks.
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