000413SZSE

Announcement on Abnormal Fluctuations in A-Share Stock Trading

ST Xudian Co., Ltd.··3 pages

✨ AI Summary

This announcement addresses the abnormal fluctuations in the trading of A-shares of Dongxu Optoelectronics, which saw a cumulative decline exceeding 12% over three consecutive trading days. The company confirmed that there are no undisclosed significant information affecting stock prices and that operations remain normal. It also warns investors of potential delisting risks if certain financial conditions are not met within specified timeframes.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Announcement on Abnormal Fluctuations in A-Share Stock Trading

I. Situation of Abnormal Stock Trading Fluctuations

Dongxu Optoelectronics Technology Co., Ltd. (hereinafter referred to as "Dongxu Optoelectronics" or "the Company") issues both A-shares and B-shares. The A-shares (stock abbreviation: ST Dongxu; stock code: 000413) experienced a cumulative closing price decline exceeding 12% over three consecutive trading days on August 2, August 5, and August 6, 2024. According to relevant regulations of the Shenzhen Stock Exchange, this constitutes a situation of abnormal stock trading fluctuations.

II. Company's Verification of Relevant Situations

In response to the abnormal fluctuations in A-share trading, the Company conducted a verification of relevant matters. The Board of Directors verified with the controlling shareholders, actual controllers, directors, supervisors, and senior management through phone calls and inquiries. The findings are as follows:

  1. There are no corrections or supplements needed for previously disclosed information.
  2. The Company has not discovered any significant undisclosed information that may have a substantial impact on stock trading prices from recent media reports.
  3. The Company's operational situation is normal.
  4. During the period of abnormal trading fluctuations, there were no stock trading activities by the controlling shareholders, actual controllers, directors, supervisors, or senior management.
  5. The Company has not violated fair information disclosure regulations.

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.