Shandong Molong Reports Abnormal Stock Price Movement, Confirms No Undisclosed Material Information

Stock News07-14

SHANDONG MOLONG (HKEX: 00568) has issued an announcement regarding unusual fluctuations in its stock trading.

The company's A-shares, traded under Shandong Molong Petroleum Machinery Company Limited, experienced a cumulative deviation in closing prices exceeding 20% over three consecutive trading days (July 10, July 13, and July 14, 2026). According to the trading rules of the Shenzhen Stock Exchange, this constitutes an abnormal trading volatility event.

The company's board of directors has confirmed that, as of now, there are no matters that should be disclosed but have not been disclosed according to regulations such as the Shenzhen Stock Exchange Listing Rules. This includes any related planning, discussions, intentions, or agreements.

Furthermore, the board stated it has not been informed of any undisclosed information that, under the relevant rules, should be disclosed and could significantly impact the trading price of the company's shares or their derivatives.

The company also confirmed that previously disclosed information does not require any corrections or supplements.

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