Hubei Yangfang Holding stock alerted for trading fluctuation

Hubei Yangfang Holding (SSE: 600421) has issued an alert regarding abnormal fluctuations in its stock trading, triggered by a cumulative 20% deviation in closing prices over three consecutive trading days (Feb 13-17). The company anticipates a net loss attributable to shareholders between ¥400 million and ¥500 million for 2024. Revenue is projected to be between ¥110 million and ¥120 million, but after excluding non-core business activities, revenue is expected to fall below ¥300 million for a second consecutive year. This could lead to a "ST" risk alert designation on the company's stock upon the release of its 2024 annual report. Investors are urged to exercise caution.