Tiantong Holdings: Abnormal fluctuation in stock trading prompts various risks.
Tiantong Holdings announced that the closing price of the company's stock on March 10-12 has deviated from the normal range for three consecutive trading days, with a cumulative increase of over 20%, indicating abnormal fluctuations. After investigation, the company's operations are normal at the moment, and no significant undisclosed information has been found. The company also warns of risks, as the controlling shareholder Tiantong Gaoxin Group and its concerted action persons have pledged some of their shares. The company is expected to incur a net loss of 120-170 million yuan in 2025, and the performance for the first quarter of 2026 is still uncertain. Investors are advised to invest rationally and be aware of the risks.
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