Yunnan Xiyi parent undergoes major corporate restructuring

Yunnan Xiyi Industry's shares experienced abnormal fluctuations, with accumulated deviation exceeding 20% over three consecutive trading days in July.

The company's controlling shareholder, China North Industries Group Corporation, is undertaking a corporate restructuring, with its automotive business unit being separated into an independent central enterprise.

The controlling shareholder did not engage in stock trading during the abnormal fluctuation period.