China First Heavy Industries stock sees abnormal trading, company cites normal operations

China First Heavy Industries Co., Ltd. announced that its stock experienced abnormal trading fluctuations, with the cumulative deviation of daily closing price increases reaching 20% over three consecutive trading days: December 4, 2025, December 5, 2025, and December 8, 2025. This falls under the definition of abnormal stock fluctuations according to the Shanghai Stock Exchange's trading rules.

Following an internal review and verification with its controlling shareholder, the company confirmed that its day-to-day operations are normal. There have been no major changes in market conditions or industry policies, nor significant fluctuations in production costs or sales.

The company and its controlling shareholder also confirmed there are no undisclosed major events that could significantly impact the stock price, including major asset restructuring, share issuance, acquisitions, or debt restructuring. The company advises investors to be aware of secondary market risks and to make rational and prudent investment decisions.