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Guoxuan High-Tech addresses stock volatility after 20% surge

September 1, 2025 at 05:14 PM UTCBy FilingReader AI

Guoxuan High-Tech shares experienced abnormal fluctuations, with closing prices rising more than 20% over three consecutive trading days (August 28, August 29, and September 1, 2025). The company's board confirmed that, beyond already disclosed information, there are no additional material matters to be revealed.

In its H1 2025 report, released on August 30, 2025, Guoxuan High-Tech reported total operating income of CNY 1,939,353.55, a 15.48% increase year-on-year. Net profit attributable to shareholders rose 35.22% to CNY 36,662.86, while net profit attributable to shareholders excluding non-recurring gains and losses increased by 48.53% to CNY 7,287.07.

The company also approved the "Fifth Phase Employee Stock Ownership Plan (Draft) and its Summary" at board and supervisory board meetings on August 28, 2025. This plan still requires approval from a general meeting of shareholders. Guoxuan High-Tech emphasized that its recent operations are normal, with no significant changes in its internal or external operating environment.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SZSE:002074Shenzhen Stock Exchange

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