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Zhenye Group addresses stock price volatility after abnormal trading

October 12, 2025 at 07:50 AM UTCBy FilingReader AI

Shenzhen Zhenye Group announced that its stock experienced abnormal trading, with the cumulative deviation of closing price increases exceeding 20% over three consecutive trading days: September 30, October 9, and October 10, 2025. This falls under the category of abnormal stock trading according to Shenzhen Stock Exchange trading rules.

In response to the abnormal fluctuations, the company clarified there is no need to correct or supplement previously disclosed information, nor has it found any recent public media reports that could significantly impact its stock trading price. Furthermore, the company's operational situation and external business environment are not expected to undergo any major changes, and there are no undisclosed material matters or matters in the planning stage. The company also confirmed that its controlling shareholder and actual controller did not engage in buying or selling the company's shares during the abnormal fluctuation period.

Shenzhen Zhenye Group will disclose its "2025 Third Quarter Report" on October 30, 2025. The company explicitly states that it has not provided undisclosed financial data to any third party other than its auditing accountants. Investors are advised to refer to information published on designated media outlets for accurate company information and to exercise caution in their investments.

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

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