Tiantong Holdings: Abnormal stock trading fluctuations, indicating multiple risks.
Tiantong Holdings announced that the company's stock had experienced abnormal fluctuations, with the closing prices on January 30, February 2, and February 3 exceeding 20% of the deviation value over three consecutive trading days. Upon self-examination, the company's production and operations were normal, and the controlling shareholder and ultimate controller did not have any significant undisclosed information. Additionally, some shares of the controlling shareholder Tiantong Gaoxin Group Co., Ltd. and its concerted parties were pledged. For the year 2025, the company expects a net loss of 120-170 million yuan attributable to shareholders and a non-recurring net loss of 170-220 million yuan. The company warns investors to pay attention to risks such as trading, pledge, and expected losses in performance.
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