Kaichuang International responds to stock fluctuation inquiry

Shanghai Kaichuang Marine International (SSE:600097) has addressed concerns regarding recent abnormal stock price fluctuations. In a formal response issued by its controlling shareholder, Shanghai Ocean Fisheries Co., Ltd., the company stated that, as of March 21, 2025, it is unaware of any significant events impacting its stock's volatility. The response clarifies that there are no undisclosed major corporate actions, including significant asset restructuring, share issuance, business reorganization, stock repurchase, equity incentives, or substantial business collaborations. The company also affirms that it did not engage in trading Shanghai Kaichuang International shares during the period of abnormal stock trading activity.