Sheng Long's stock fell to the limit down, mainly due to poor performance? Company responds

On May 20th, Shenglong shares hit the limit down. Wind data shows that by the close of trading, the company's stock price was 21.38 yuan per share. There are reports that the company's stock price drop is mainly related to poor performance and underperforming new energy business. In response, Shenglong shares stated that the secondary market stock price is influenced by multiple factors and the company's stock price has fluctuated significantly. As for the market's concern about the new energy business, the company's earlier investment projects have been completed and capacity is gradually being released, but currently traditional business still dominates.