Zhejiang Huatie stock alerted for trading abnormalities

Zhejiang Haikong Nanke Huatie Digital Technology (SSE:603300) announced its shares experienced abnormal trading fluctuations, triggering an official alert. Over three trading days ending March 7, 2025, the stock's cumulative closing price deviation exceeded 20%. The company confirmed, after internal review and consultation with key shareholders, that there are no undisclosed material events. Investors are urged to exercise caution due to recent dramatic price increases. The company also noted risks associated with its long-term computing power service agreements. These include supply chain vulnerabilities, potential capital expenditure shortfalls, and uncertainties in contract performance. The stock has surged 146.26% since February 2025.