FilingReader Intelligence

360 Security Technology warns investors after share price volatility

November 3, 2025 at 10:50 AM UTCBy FilingReader AI

360 Security Technology Inc. reported abnormal fluctuations in its stock trading after closing prices on October 30, October 31, and November 3, 2025, showed a cumulative deviation increase of over 20%. This triggered a disclosure requirement under Shanghai Stock Exchange trading rules. The company emphasized that its business operations remain normal, with no significant changes in the external environment.

Following internal checks and inquiries with its controlling shareholder, Tianjin Qixin Zhicheng Technology Co., Ltd., and actual controller Mr. Zhou Hongyi, 360 Security Technology Inc. confirmed no undisclosed major matters or significant information as of the announcement date. This includes the absence of ongoing material asset restructurings, share issuances, major transactions, business collaborations, or the introduction of strategic investors.

The company also highlighted market trading risk, reiterating the abnormal price deviations. Furthermore, a production and operation risk was noted, as the company's net profit attributable to shareholders for the first nine months of 2025 was -122 million yuan, indicating a potential for continued losses. Investors are urged to exercise caution and make rational investment decisions.

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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