Huasheng Co Ltd: Abnormal stock trading fluctuations are occurring as major asset restructuring moves forward.
Huasheng Stock announced that the closing price of the company's stock on May 13th and May 14th, 2026, had a cumulative deviation of 20% for two consecutive trading days, which is considered abnormal volatility. After self-examination, the company's operations are currently normal, and there are no significant undisclosed information other than the major asset restructuring in progress. The company's price-to-book ratio is significantly higher than the industry average. In the first quarter of 2026, the company's revenue was 162.42 million yuan, with a net loss of 5.79 million yuan. The major asset restructuring still needs to be reviewed by the Shanghai Stock Exchange and registered with the China Securities Regulatory Commission, which poses uncertainties.
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