Zhongtian Financial Group Co., Ltd. (hereinafter referred to as "the Company") stock (stock abbreviation: *ST Zhongtian, stock code: 000540) experienced a cumulative closing price decline exceeding 12% over three consecutive trading days on May 5, May 8, and May 9, 2023. This situation falls under the category of abnormal stock trading fluctuations as per the relevant regulations of the Shenzhen Stock Exchange.
000540SZSE
Announcement of Abnormal Stock Trading Fluctuations
✨ AI Summary
This announcement addresses the abnormal trading fluctuations of Zhongtian Financial Group's stock, which saw a cumulative decline exceeding 12% over three consecutive trading days. The company confirmed no undisclosed significant information affecting stock prices and is cooperating with the court regarding a restructuring application. There are risks of delisting and bankruptcy if restructuring fails.
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