Zhongyan Earth: Stock price abnormally fluctuating, currently planning to acquire 60% equity of Xinhuan Yu Precision Engineering.
Zhongyan Datang announced that the company's stock had a deviation value of more than 20% in the closing prices on July 16 and July 17, 2026, for two consecutive trading days, which is considered abnormal volatility. The company is planning to acquire 60% of the equity of Shenzhen Xinhuan Yu Precision Technology Co., Ltd. through cash increase and equity transfer, which is expected to not constitute a major asset restructuring, but the transaction carries significant uncertainty. In addition, there are no other significant undisclosed matters that should be disclosed by the company, the controlling shareholder, and the actual controller, and the actual controller did not trade the company's shares during the abnormal volatility period.
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