FilingReader Intelligence

ST Fanli stock alerted for abnormal trading fluctuations

May 16, 2025 at 04:41 PM UTCBy FilingReader AI

Shanghai-listed *ST Fanli (SSE:600228) announced that its stock experienced abnormal trading fluctuations, triggering an alert under Shanghai Stock Exchange rules. The company's stock price rose cumulatively by over 12% in the three trading days ending May 12, 2025. The board confirmed that there were no undisclosed material events aside from previously disclosed information. Investors are cautioned regarding market risks, potential delisting risks due to 2024 financial results, and potential earnings volatility. The company also highlighted potential impacts from changes in e-commerce dynamics and channel costs, as well as the possibility of equity pledge risks related to a major shareholder, Jiangxi Changjiu Biochemical Industry . Shareholders were notified that CNY 1,627,818 shares that previously could not be sold are now available for sale on the market, which may affect the stock's valuation.

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

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