Sunway Petrochemical stock experiences trading volatility

Shandong Sunway Petrochemical Engineering has announced that its stock experienced abnormal trading fluctuations, with closing prices on April 23 and April 24, 2025, cumulatively deviating by over 20%. The company stated that it has reviewed the situation and confirmed that there are no undisclosed material events or significant changes in its operational environment. The company's controlling shareholders and actual controllers have confirmed that they have not traded the company's shares during the period of abnormal stock fluctuations. Sunway Petrochemical has urged investors to review its financial reports and exercise caution, noting that all company information is disclosed via official channels, including the "China Securities Journal," "Securities Times," and the Juchao Information website. The company released its 2025 first quarter report on April 18, 2025 (announcement number 2025-014), and its 2024 annual equity distribution implementation announcement on April 23, 2025 (announcement number 2025-016).