Shenzhen Huaqiang stock fluctuations trigger exchange scrutiny

Shenzhen Huaqiang Industry's stock triggered an exchange inquiry after its share price rose more than 20% cumulatively over three consecutive trading days (April 11, 14, and 15, 2025). The company responded that it is unaware of any undisclosed material information that would impact the stock price. Preliminary earnings for the first quarter of 2025 are estimated between CNY 9,644,000 and CNY 11,481,000. The company has advised investors to pay attention to potential risks brought by international trade frictions. The company also stated that it will continue to monitor the potential impacts of these events on future operations, and that it will continue to disclose information on the Shenzhen Stock Exchange's official media.