Xinjiang Bayi Iron & Steel stock experienced abnormal fluctuations, self-inspection confirmed no significant undisclosed information.

date
31/07/2025
Xinjiang Bayi Iron and Steel Co., Ltd. announced that the company's stock has experienced a deviation in the closing price for two consecutive trading days on July 29th and 30th, 2025, with a cumulative increase of over 20%, resulting in abnormal fluctuations in stock trading. After conducting self-inspection and confirming with the controlling shareholder and actual controller, the company's production and operation are currently normal, and there have been no major adjustments in the market environment or industry policies. There are no undisclosed significant events that should be disclosed, and no media reports or rumors that have affected the stock price have been found. During the abnormal fluctuation period, the company's board of directors, senior management, controlling shareholder, and actual controller did not buy or sell company stocks. The company reminds investors to pay attention to the risks of trading in the secondary market and to refer to information disclosed by designated media sources for accurate information.