Macrolink Culturaltainment addresses abnormal stock trading after unusual movements
Macrolink Culturaltainment Development Co. (000620) announced its stock experienced abnormal fluctuations, with the average daily turnover ratio exceeding 30 times the average of the previous five trading days, and a cumulative turnover ratio surpassing 20%. The company stated it has not discovered any undisclosed major information or significant changes in its operations or external business environment that would substantially impact its stock price.
The company clarified that its previously disclosed acquisition plan for Guangdong Changxing Semiconductor Technology Co. remains an indicative agreement. The final transaction arrangements are subject to due diligence, audit, and valuation, with uncertainties remaining. Furthermore, the company's third-quarter report for 2025 is still being prepared and is scheduled for disclosure on October 31, 2025.
Macrolink Culturaltainment also confirmed that during the period of abnormal stock fluctuations, neither its controlling shareholders nor its actual controllers engaged in buying or selling the company's shares. The company reminds investors to exercise caution due to the inherent risks and uncertainties of ongoing acquisition discussions.
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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