Yibin Paper shares experience further trading volatility
Yibin Paper Industry Co., Ltd. (SSE:600793) has announced renewed abnormal fluctuations in its stock trading, triggered by a cumulative deviation exceeding 20% in the closing price on May 21st and 22nd, 2025. This follows a previous announcement on May 21st regarding similar fluctuations. The company's shares have risen by 46.40% over four consecutive trading days, with the closing price on May 22nd reaching CNY 33.54 and a turnover rate of 18.39%. Yibin Paper cautions investors about the high level of market activity, and an apparent disparity between the current price-to-book ratio (24.95x) compared to the broader paper and packaging sector (1.54x), advising them to exercise caution and make informed decisions. The company confirms that there are no undisclosed events pending, but reiterates its commitment to regulatory compliance and information disclosure.
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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