Sinext: Stock trading experiences abnormal fluctuations, short-term impact on capital increase project is minimal.

date
01/07/2026
Xin Xunda announcement stated that the company's stock price deviated by more than 30% for two consecutive trading days on June 30 and July 1, 2026, indicating abnormal volatility. After investigation, it was found that there is no need to correct or supplement the company's previous information, and the operation and environment remain unchanged. On June 30, the company completed an equity increase in Xinxing Optoelectronics and acquired a 51% stake. Its East China project has just started construction, with minimal expected impact on this year's revenue and net profit, and facing risks such as market expansion after production. The controlling shareholder did not disclose any undisclosed matters, and did not trade the company's stock during the abnormal volatility period.
Latest
See all latestmore