Yasheng Group: Abnormal fluctuations in stock trading, no undisclosed matters requiring disclosure.

date
04/03/2026
The announcement by Asia Sheng Group stated that the company's stock had a cumulative deviation value of 20% from the closing price on March 3 and March 4, 2026, for two consecutive trading days, which is considered abnormal fluctuations. After self-examination and verification, as of the disclosure date of the announcement, the company, controlling shareholders, and actual controllers did not have any undisclosed significant information to disclose. The subsidiaries did not obtain mining qualifications or engage in mining operations. The company's main business and operating model have not changed, and production and operation are normal. The company's stock has experienced a large short-term increase, with an average turnover rate of about 21.38% in the past two days, and a static price-earnings ratio of 107.20, higher than the industry average, indicating trading risks. In the first three quarters of 2025, the revenue was 2.344 billion yuan, an increase of 6.03% year-on-year, and the net profit was 35.2479 million yuan, a decrease of 3.23% year-on-year.