Standard Shares: Abnormal fluctuations in stock price, controlling shareholder intends to transfer up to 27.77% of shares.
Standard Corporation announced that the company's stock has experienced abnormal fluctuations with the closing prices deviating by a total of 20% on January 15, 16, and 19, 2026. The company's production and operation are currently normal. The controlling shareholder, Standard Group, plans to publicly solicit the transfer of up to 27.77% of the shares, not less than the proportion of the change in control. The specific plan is yet to be formulated, and it is uncertain whether a transferee can be identified and approved. Additionally, the company has been experiencing consecutive losses in recent years, with net profits in the first three quarters of 2021-2025 amounting to -94.67 million yuan, -113.52 million yuan, -196.08 million yuan, -153.37 million yuan, and -45.98 million yuan respectively.
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