FilingReader Intelligence

Hangzhou XZB Tech addresses stock volatility amid share repurchase

May 5, 2025 at 05:05 PM UTCBy FilingReader AI

** Hangzhou XZB Tech (SSE:603040) has issued announcements addressing recent abnormal fluctuations in its stock trading, clarifying its operational status and disclosing updates regarding its share repurchase program and director/supervisor share divestments. The company's stock experienced a cumulative deviation exceeding 20% in closing prices over three consecutive trading days (April 28-30), triggering the exchange's volatility alert.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:603040Shanghai Stock Exchange

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