Xining Special Steel warns investors after 47% surge
Xining Special Steel's shares surged 46.81% over four consecutive trading days from July 21st to 24th, with daily closing price deviations exceeding 20%.
The company's price-to-book ratio of 2.31 significantly exceeds the steel industry average of 1.01. Xining Special Steel emphasized its fundamentals remain unchanged with normal operations, and confirmed no undisclosed material information exists.
The company urged investors to exercise caution due to substantial market risk from the unusual price movements.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
News Alerts
Get instant email alerts when Xining Special Steel publishes news
Free account required • Unsubscribe anytime