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Hanwei Tech stock fluctuates abnormally, company responds

February 20, 2025 at 10:58 AM UTCBy FilingReader AI

Hanwei Electronics Group Corporation today addressed recent unusual trading activity in its stock. The company's share price rose by a cumulative deviation of 30% over three trading days from February 17-19, 2025. In response, Hanwei conducted an internal investigation involving its directors, supervisors, and senior management. The company stated that there are no undisclosed significant matters pending or in the planning stages, and that the company's core business of sensors, instruments, and related smart services remains normal with no significant changes. Hanwei cautioned investors about the risks associated with high market valuations and urged them to make informed decisions and warns that their involvement in robotics is in an early stage of product development and constitutes less than 1% of the company's primary revenue. The company has designated the *Shanghai Securities News*, *Securities Times*, and the CNINFO website (www.cninfo.com.cn) for its official disclosures.

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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