Hongtian Corporation: Abnormal stock price fluctuation, still in a loss state in the first quarter.

Hongtian Corporation announced that the company's stock had a deviation in the closing price over three consecutive trading days from June 24th to June 26th, 2026, exceeding 20%, which is considered abnormal fluctuation. As of the closing on June 26th, the company's rolling price-earnings ratio was 774.63 times, and the price-to-book ratio was 23.26 times, both higher than the industry average. In the first quarter of 2026, the company had a net loss of 16.02 million yuan, a 36.55% decrease compared to the same period last year, but still remained in a loss-making state. The company and former director Shu Zhigao had been investigated, but as of the disclosure date of the announcement, the company had not received any prior notice of administrative penalties.