Yunnan Xiyi stock sees abnormal fluctuation amid parent company's restructuring

Yunnan Xiyi Industry Group Co. Ltd. (SZSE:002265) announced abnormal fluctuations in its stock, with its closing price deviating by more than 20% over three consecutive trading days (September 3, 4, and 5, 2025). The company stated its current operating situation is normal, with no changes in its internal or external operating environment.

The company disclosed that on February 9, 2025, it was notified by its controlling shareholder, China Ordnance Equipment Group Co. Ltd., of a planned restructuring with other state-owned central enterprise groups. This was followed by a June 4, 2025 notification that China Ordnance Equipment Group received approval from the State-owned Assets Supervision and Administration Commission to implement a split, spinning off its automotive business into an independent central enterprise.

Yunnan Xiyi Industry Group confirmed that, as of the announcement date, there are no unannounced major matters concerning the company, its controlling shareholder, or its actual controller. The controlling shareholder and actual controller did not engage in any buying or selling of the company's shares during the period of abnormal stock fluctuation. The company reminded investors to refer to its half-year report for 2025, disclosed on August 22, 2025, for financial performance.