Optical-Electronic: Abnormal Stock Trading Fluctuation, Controlling Shareholder's Reduction Plan Not Yet Completed
Photoelectric Co., Ltd. announced that the cumulative deviation of the closing price of the company's shares over three consecutive trading days exceeded 20%, constituting an abnormal fluctuation in stock trading. Upon self-examination, no media reports, hot concepts, or market rumors requiring clarification were found, and no other major events with a significant impact on the stock price were identified. The company's controlling shareholder, Photoelectric Group, previously disclosed a plan to reduce its holdings by no more than 11 million shares, with the reduction period from July 14, 2026 to October 13; as of now, Photoelectric Group has cumulatively reduced its holdings by 3,086,900 shares, and the reduction plan has not yet been fully implemented. The company's stock price has experienced significant short-term fluctuations, and there is considerable market trading risk. Investors are advised to invest rationally.
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