On the evening of November 16, Sunvim Group Co.,Ltd. (002083), which had seen seven consecutive trading days of limit-up gains, disclosed an abnormal stock price fluctuation announcement.
The announcement revealed that the cumulative deviation of Sunvim's stock price over two trading days (November 13 and November 14, 2025) exceeded 20.90%, triggering the Shenzhen Stock Exchange's criteria for abnormal trading volatility.
In response, Sunvim's board conducted an internal review and confirmed the following: 1. No corrections or supplements are required for previously disclosed information. 2. Current operations remain normal, with no significant changes in internal or external business conditions. 3. No undisclosed material information that could substantially impact stock prices has been reported by media. 4. No insider trading by controlling shareholders or actual controllers occurred during the volatility period. 5. No violations of fair disclosure rules were identified.
The board further stated that no undisclosed material plans, negotiations, or agreements exist, nor is there any undisclosed information likely to significantly influence stock prices.
Sunvim highlighted potential risks, including uncertainties from industry policies, market cycles, accounts receivable collection, and competition, which may affect future performance.
Financial data shows: - Q1-Q3 2025 revenue: RMB 3.841 billion (down 4.45% YoY). - Subsidiary Sunvim New Energy (focused on lithium battery electrolyte additives) contributed RMB 168 million (4.38% of total revenue), with limited impact on overall performance. - Net profit: RMB 296 million (down 12.05% YoY), with Sunvim New Energy posting a RMB 30.32 million loss due to lingering uncertainties in downstream lithium battery demand.
Sunvim New Energy currently has no expansion plans and will not significantly affect other business segments.
The company warned investors of irrational speculation risks, urging caution against short-term volatility. It reiterated compliance with disclosure regulations to ensure transparency.
According to its interim report, Sunvim is transitioning from large-scale home textile production to branded, high-value-added products while expanding into new energy materials. Its subsidiary Sunvim New Energy produces lithium battery electrolyte additives like Chloroethylene Carbonate (CEC) and Vinylene Carbonate (VC), with annual capacity reaching 10,000 tons after full production rollout.
Sunvim anticipates the electrolyte additive market will gradually recover as outdated capacity phases out and downstream demand grows, emphasizing cost control and technological innovation as key competitive advantages.
