Changsheng Sliding Bearings stock alerted for abnormal trading

Zhejiang Changsheng Sliding Bearings (SZSE:300718) has announced that its stock has experienced severe abnormal fluctuations. Over three consecutive trading days (February 17-19, 2025), the cumulative deviation in closing price increases exceeded 30%, triggering a warning from the Shenzhen Stock Exchange. Furthermore, the cumulative deviation over the past 30 trading days has surpassed 200%, signaling further exchange scrutiny. The company noted increased market attention toward robotics-related concepts but clarified that its business in the robotics component sector is still in the early stages, accounting for a small percentage of revenue (less than 1%). This minimal contribution is not expected to significantly impact the company's overall performance. Changsheng Sliding Bearings reaffirmed that there are no undisclosed material matters and advised investors to exercise caution.