Huazheng New Materials: Abnormal fluctuations in stock trading, the private placement matter is still uncertain.

date
06/08/2026
Hua Zheng New Materials announced that the company's stock experienced an abnormal fluctuation, with the cumulative closing price increase deviation exceeding 20% over three consecutive trading days on August 4, 5, and 6, 2026. Following internal checks, the company confirmed that its production and operations are normal, and no significant matters affecting the stock price have been identified. Additionally, the controlling shareholder and actual controller do not have any undisclosed information that should be disclosed. Furthermore, the company's plan to issue A-shares to specific investors for the year 2026 has been accepted by the Shanghai Stock Exchange; however, the implementation and timing remain uncertain, and investors are reminded to pay attention to the risks.