Jiecang Linear Motion stock trading shows abnormal fluctuations

Zhejiang Jiecang Linear Motion Technology Co., Ltd. (SSE:603583) announced that its stock experienced abnormal trading fluctuations. From March 3 to March 5, 2025, the company's stock price cumulative deviation exceeded 20%, triggering a warning under Shanghai Stock Exchange rules. The company confirmed, after self-assessment and inquiries with controlling shareholders, there are no undisclosed material events. Jiecang also clarified that while it is considered a robotics-related concept stock, its project focused on high-thrust linear actuators remains in the research and testing phase and has not yet generated revenue. The company cautioned investors about market risks and advised rational, prudent investment decisions.