Zhangjiang Hi-Tech warns investors after stock volatility

Shanghai Zhangjiang Hi-Tech Park Development announced that its stock experienced abnormal fluctuations, with the daily closing price deviation accumulating over 20% across three consecutive trading days: September 19, September 22, and September 23, 2025. The company confirmed that its current production and operations are normal, and there are no significant undisclosed matters affecting stock trading.

The company further stated that its controlling shareholder, Shanghai Zhangjiang (Group) Co., Ltd., confirmed no major events influencing the stock price, nor any plans, negotiations, or agreements that require disclosure. There have also been no transactions of the company's stock by the controlling shareholder or its concerted parties during this period of abnormal fluctuation.

Investors are cautioned about the significant volatility, as the company’s price-to-book ratio stood at 5.41 as of September 23, 2025, compared to the Yangtze River industry average of 1.69. The company advises investors to be rational and prudent in their investment decisions.