Jintuo Corporation: Abnormal stock trading fluctuations, uncertainty in the 2026 private placement matters.

date
18/06/2026
Jintaigufen announced that the company's A-share stock deviated from the daily closing price by more than 20% for three consecutive trading days from June 16 to 18, 2026, which is considered abnormal volatility. The company's trailing P/E ratio is 143.98, and the P/B ratio is 7.19, significantly deviating from the average level in the automobile manufacturing industry. On April 29, 2026, the company issued a proposal to issue A-shares to specific entities for the year 2026. This matter requires approval from the exchange and registration by the CSRC, with significant uncertainty. The company is currently operating normally and has not found any undisclosed material information to disclose.