ST Intercontinental: Abnormal Stock Trading Fluctuation, There is No Undisclosed Material Information that Should Be Disclosed
ST Intercontinental announced that the company's stock experienced abnormal volatility with a cumulative deviation of 12% in the closing prices on May 21, May 22, and May 25, 2026. After self-inspection and inquiries to the controlling shareholder and ultimate controller, it was found that there are no major undisclosed information besides the previously disclosed bankruptcy liquidation of the controlling shareholder. The company's stock has been subject to other risk warnings since April 29, 2026, and there is significant uncertainty regarding whether the bankruptcy liquidation application of the controlling shareholder will be accepted by the court.
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