002503SZSE

Announcement of Severe Abnormal Fluctuation in Stock Trading

*ST Sou Te Co., Ltd.·May 22, 2023·2 pages

✨ AI Summary

This announcement addresses the severe abnormal fluctuation in the stock trading of Souyute Group Co., Ltd. over recent trading days. The stock price fell by a cumulative 13.14% over three consecutive trading days. The company confirmed no undisclosed significant matters affecting the stock price and warned that the stock may be delisted due to trading below 1 yuan for twenty consecutive days.

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Full Translation

AI Translation· azure_openai

Souyute Group Co., Ltd. Stock Trading Severe Abnormal Fluctuation Announcement

The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or major omissions.

I. Introduction to Abnormal Stock Trading Fluctuations

The stock trading price of Souyute Group Co., Ltd. (hereinafter referred to as "the Company") has experienced a cumulative decline of 13.14% in daily closing prices over three consecutive trading days (May 18, May 19, and May 22, 2023). According to the relevant provisions of the Shenzhen Stock Exchange Trading Rules, this constitutes a case of abnormal stock trading fluctuation.
The stock trading price of the Company has shown abnormal fluctuations in the same direction four times over ten consecutive trading days (from May 9, 2023, to May 22, 2023) on May 9, May 12, May 17, and May 22, 2023. This also constitutes a case of severe abnormal stock trading fluctuation according to the relevant provisions of the Shenzhen Stock Exchange Trading Rules.

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