Giantec Semiconductor shares experience abnormal trading volatility
Giantec Semiconductor Corporation announced abnormal stock trading, with its shares experiencing a cumulative deviation of over 30% in closing prices for three consecutive trading days: September 22, September 23, and September 24, 2025. This activity falls under the criteria for abnormal trading as per relevant exchange rules.
The company's self-inspection, confirmed by its controlling shareholder and actual controller, indicates that production and operations remain normal, with no undisclosed material information as of the announcement date. Previously disclosed information does not require correction or supplementation, and no media reports or market rumors impacting the stock price were identified.
Other market-sensitive information includes the disclosure on September 20, 2025, of the "Giantec Semiconductor 2025 Restricted Stock Incentive Plan (Draft)," which awaits shareholder approval. Additionally, an acting party of the controlling shareholder, Wuhan Luojia Wutong Emerging Industrial Investment Partnership (Limited Partnership), announced on September 11, 2025, a plan to reduce its holdings by 2.61% of Giantec Semiconductor's shares between October 10, 2025, and January 9, 2026, through block trades and concentrated bidding.
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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