Yongtai Technology stock shows abnormal volatility

Zhejiang Yongtai Technology (SZSE: 002326) has announced that its stock experienced abnormal fluctuations in trading prices over three consecutive days (March 3rd-5th, 2025), with a cumulative deviation exceeding 20%. The company stated it has reviewed the situation, confirming that there are no undisclosed significant matters or events under consideration that could impact the stock price. Yongtai reaffirmed its earlier projection of a net loss attributable to shareholders of between 360 million and 480 million yuan for fiscal year 2024, with revenue ranging from 400 million to 500 million yuan. The company cautioned investors to exercise caution, noting inherent risks associated with R&D projects following a recent technical development agreement with Fudan University on lithium battery technology. Yongtai Technology assures investors that it adheres to fair disclosure and will promptly fulfill information disclosure obligations through official channels.