Xinhua Jin's stock experienced abnormal fluctuations, multiple risks need to be cautious

From September 15th to 17th, 2025, the closing price of Shandong Xinhua Jin International Co., Ltd. stock has deviated by more than 20% for three consecutive trading days, indicating abnormal volatility. After self-inspection and inquiries, the company's production and operation are normal, and there is no undisclosed significant information. However, the company faces several risks: the proportion of pledged shares by the controlling shareholder and its concerted parties is 99.64%, and the proportion of shares frozen and marked by the judiciary is 99.97%; the company's performance declined in 2024 and the first half of 2025; there is a non-operating fund occupation by related parties of 4.06 billion yuan. If not collected in time, the stock may be subject to other risk warnings, delisting risk warnings, or even delisting. Investors should be aware of trading risks.