Joyson Electronics warns investors amid significant stock fluctuation
Ningbo Joyson Electronic Corp. announced abnormal fluctuations in its stock trading, with shares cumulatively gaining approximately 30.37% from September 15, 2025, over three consecutive trading days. This gain significantly outpaced the Shanghai Composite Index's 0.15% and the Wind Automotive Parts Index's 7.78% over the same period. The company warns of potential irrational speculation and advises investors to exercise caution.
Joyson Electronics noted that its robotics-related component business is in its early stages, contributing less than 0.1% to operating revenue, and thus will not significantly impact current performance. The company also highlighted that its goodwill accounted for approximately 35.04% of net assets as of June 30, 2025, and its asset-liability ratio was approximately 69.46%, higher than industry averages.
The company is currently progressing with its proposed H-share issuance and listing on the Hong Kong Stock Exchange, with regulatory approvals pending. Additionally, the controlling shareholder, Joyson Group, increased its A-share holdings by 700,000 shares, totaling CNY 18,959,300, as part of a previously disclosed plan.
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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