Dr. Peng Telecom & Media Group (600804.SH) will be suspended for verification starting on November 15th.
14/11/2024
GMT Eight
Dr. Peng Telecom & Media Group (600804.SH) announced that the company's stock has been hitting the daily limit up for 8 consecutive trading days from November 5, 2024 to November 14, 2024, with a 48.67% increase in stock price. Due to the significant price fluctuations, investors are paying close attention. In order to protect the interests of investors, the company will conduct a review of the stock trading situation. Upon application, the company's stock will be suspended from trading starting from the market opening on November 15, 2024 and will resume trading after the disclosure of the review announcement, with the expected suspension not exceeding 3 trading days. The company reminds investors to be cautious of risks in the secondary market trading.
Following a self-examination by the company's board of directors and confirmation from the company's controlling shareholder Shenzhen Xinpengyun Technology Co., Ltd. (referred to as "Xinpengyun") and the actual controller Yang Xueping, it is confirmed that, apart from the disclosed matters, as of the date of this announcement, the company, its controlling shareholder Xinpengyun, and the actual controller Yang Xueping do not have any significant information related to major asset reorganizations, share issuances, acquisitions, etc. which should be disclosed but have not been disclosed.