FilingReader Intelligence

HangKe Technology warns of volatile trading, high valuation ahead of meeting

September 10, 2025 at 05:12 PM UTCBy FilingReader AI

Zhejiang HangKe Technology Inc. has reported severe abnormal fluctuations in its stock trading, with a cumulative deviation of 100% in closing price gains over ten consecutive trading days from August 28 to September 10, 2025. The company's stock closed at 41.39 yuan per share on September 10, 2025, with a rolling price-to-earnings ratio of 72.43 times, significantly higher than the industry average of 34.98 times. HangKe Technology emphasizes that its business operations remain normal and there are no undisclosed major events.

In conjunction with this, Zhejiang HangKe Technology is scheduled to hold its second extraordinary general meeting of shareholders for 2025 on September 18, 2025. Key agenda items include a proposal for a cash dividend of 0.66 yuan per 10 shares (tax inclusive) for the first half of 2025, amounting to a total of 39,842,362.03 yuan.

Additionally, shareholders will vote on a proposal to purchase directors, supervisors, and senior management liability insurance, with a maximum compensation limit of 50 million yuan and an annual premium not exceeding 200,000 yuan for a 12-month period. The company advises investors to exercise caution due to market trading risks and high valuations.

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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