ST Lingnan: Stock price deviation exceeded 12% for two consecutive days, indicating multiple risks.

date
25/05/2026
ST Lingnan announced that the company's stock experienced abnormal fluctuations, with the closing prices on May 22 and May 25, 2026, deviating by over 12% for two consecutive trading days. Upon investigation, there were no undisclosed significant events involving the company, major shareholders, or controlling shareholders. Directors and executives of the company did not buy or sell stocks during this period of abnormal fluctuation. Additionally, the company faces risks such as being under investigation, facing delisting or other risk warnings, unresolved fund misappropriation by the former controlling shareholder, and multiple cases of overdue debts.