Red Star Macalline addresses stock volatility after 20% swing

Red Star Macalline Group Corp announced that its stock price recorded a cumulative deviation of 20% over three consecutive trading days from December 8th to December 10th, 2025, triggering an abnormal fluctuation disclosure. The company confirmed that its production and operations are normal, with no significant changes in its internal or external operating environment.

Following internal checks and inquiries with its controlling shareholder, Red Star Macalline stated no undisclosed major information, including significant asset restructuring, equity issuance, or major business transactions, exists as of the announcement date. Furthermore, there have been no media reports, market rumors, or hot topics affecting the stock price.

Red Star Macalline reported 2024 annual revenue of 7.82 bn yuan, down 32.08% year-on-year, with a net loss attributable to shareholders of 2.98 bn yuan. For the first three quarters of 2025, revenue was 4.97 bn yuan, a decrease of 18.62% from the prior year, with a net loss of 3.14 bn yuan. The company cautions investors to be aware of secondary market risks due to the significant short-term price increase and advises rational and prudent investment decisions.