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ST Longyuan announced that the cumulative deviation value of the closing price increase of the company's stock exceeded 20% for 2 consecutive trading days on July 10 and July 13, 2026, which is an abnormal fluctuation. After self-inspection, apart from the indicative announcement of the proposed takeover disclosed on July 10, there was no material information that should have been disclosed but not disclosed. The company indicated a number of risks. It lost money in the first quarter of 2025 and 2026, some debts were overdue, shares were subject to other risk warnings from May 6, 2026, and also involved lawsuits and the freezing of some of the controlling shareholders' shares pending judicial suspension.
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ST Longyuan announced that the cumulative deviation value of the closing price increase of the company's stock exceeded 20% for 2 consecutive trading days on July 10 and July 13, 2026, which is an abnormal fluctuation. After self-inspection, apart from the indicative announcement of the proposed takeover disclosed on July 10, there was no material information that should have been disclosed but not disclosed. The company indicated a number of risks. It lost money in the first quarter of 2025 and 2026, some debts were overdue, shares were subject to other risk warnings from May 6, 2026, and also involved lawsuits and the freezing of some of the controlling shareholders' shares pending judicial suspension.
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