Beijing Jingyuntong stock flagged for trading volatility

Beijing Jingyuntong Technology's stock experienced abnormal trading fluctuations, triggering a notice to investors. The company's shares rose sharply over three consecutive trading days (April 30, May 6, and May 7, 2025), exceeding the 20% threshold as per the Shanghai Stock Exchange's trading rules. The company has stated, following internal verification and inquiries with its controlling shareholder and actual controller, that there are no undisclosed material events pending, other than those already disclosed. Investors are cautioned regarding market and operational risks, and urged to make informed decisions. The company reported a net loss attributable to shareholders of CNY -2.361 billion for 2024 and a further loss of CNY -0.91 billion for the first quarter of 2025.