Meibang Group staged a "heaven and earth change" Company response
Meiban shares opened at the limit-up price in the morning, but then experienced a sudden plunge, quickly hitting the limit-down board and performing a "sky-floor" trend. By midday, it was trading at 28.39 yuan per share, with a turnover exceeding 700 million yuan. It is worth noting that this is not the first time Meiban shares have experienced extreme market conditions. On January 6, 2025, Meiban shares, which had previously hit a five-day limit-up streak, performed a "sky-floor-ceiling" trend, with the stock price going from the limit-up to limit-down and then rising back to the limit-up, with a fluctuation of 20% and a turnover rate exceeding 13%. In response to the frequent and intense fluctuations in the stock price, a journalist called Meiban shares as an investor and the operator on the line said that the company's previous stock price increase was significantly higher than the sector average and that it had issued multiple risk warning announcements. The stock price fluctuations are considered as secondary market behavior, and the company is not involved in any market manipulation. The company will strictly abide by the relevant requirements for timely information disclosure and remind investors to invest rationally.
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