FilingReader Intelligence

Xinjiang Korla Pear addresses abnormal stock fluctuations

November 7, 2025 at 05:21 AM UTCBy FilingReader AI

Xinjiang Korla Pear (stock code: 600506) announced that its shares experienced abnormal fluctuations, with the cumulative deviation of daily closing prices exceeding 20% over three consecutive trading days on November 4, 5, and 6, 2025. In response to an inquiry, the controlling shareholder, Shenzhen Jianxin Investment Development Co., Ltd., confirmed no undisclosed material information, such as significant asset restructurings, share issuances, major transactions, or business reorganizations, exists that would affect the company's stock price.

The company's board of directors further stated that its production and operation activities are normal, and there have been no significant changes in the market environment or industry policies. The daily average turnover rate during the period of abnormal fluctuation reached 77.72%, indicating high trading activity.

Xinjiang Korla Pear also confirmed that its directors, senior management, controlling shareholder, and other major shareholders did not trade company shares during the abnormal fluctuation. The company reminds investors to be aware of secondary market trading risks, make rational decisions, and invest cautiously.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:600506Shanghai Stock Exchange
Agriculture

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