Asia Group: Stock price abnormally fluctuating, without obtaining mining qualifications nor carrying out related operations.

date
03/03/2026
The notice issued by Yasheng Group stated that the company's stock had a cumulative increase of 33.24% over three consecutive trading days on February 27, March 2, and March 3, which constitutes abnormal fluctuations. The company's main business is agriculture, and there have been no significant changes with normal production and operation. For the first three quarters of 2025, the company's revenue was 2.344 billion yuan, a year-on-year increase of 6.03%, and the net profit was 35.2479 million yuan, a year-on-year decrease of 3.23%. The company does not have mining qualifications and does not engage in mining-related businesses. The controlling shareholders, directors, and senior executives did not buy or sell the company's stock during this period. Investors are reminded to pay attention to trading risks.