This announcement addresses the abnormal fluctuations in the stock price of Souyu Te Group Co., Ltd., which fell by 15.08% over three consecutive trading days. The company confirmed that there are no undisclosed significant matters affecting the stock price. It also highlighted the risks associated with its current pre-restructuring phase and the potential for bankruptcy if restructuring fails.
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Souyu Te Group Co., Ltd. (hereinafter referred to as "the Company") experienced a cumulative decline of 15.08% in its stock closing prices over three consecutive trading days (May 15, May 16, and May 17, 2023). This situation falls under the category of abnormal stock trading fluctuations as per the relevant regulations of the Shenzhen Stock Exchange.
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