Shandong Molong Petroleum Machinery Company Limited (SEHK: 568) has issued an announcement regarding unusual trading activity in its A-shares. The company's A-share closing prices on three consecutive trading days (June 15, 2026, June 16, 2026, and June 17, 2026) have deviated by a cumulative value exceeding 20%, which, according to the Shenzhen Stock Exchange Trading Rules, constitutes a significant abnormal fluctuation in the stock's trading.
Company's Verification and Clarification
In response to this unusual volatility, the company's board of directors has conducted inquiries with the controlling shareholder and actual controller to verify relevant matters. The findings are as follows:
Firstly, there is no information previously disclosed by the company that requires correction or supplementation.
Secondly, the company has not discovered any recent reports by public media containing material non-public information that could or has already significantly impacted the company's stock trading price.
Thirdly, there have been no significant changes in the company's recent production, operations, or internal and external operating environment, nor are any such major changes anticipated.
Finally, there are no material events concerning the company that should have been disclosed but have not been, involving the company, its controlling shareholder, or its actual controller. Furthermore, the controlling shareholder and actual controller did not trade the company's shares during the period of abnormal price fluctuations.
Official Board Confirmation
The company's board of directors confirms that, at present, there are no undisclosed matters that should be disclosed according to regulations such as the Shenzhen Stock Exchange Listing Rules, nor any related plans, discussions, intentions, or agreements. The board also states it is not aware of any undisclosed information that should be disclosed under relevant rules and that could significantly influence the trading price of the company's stock and its derivatives. The board reiterates that all previously disclosed information remains accurate and requires no amendments or additions.
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