ST Yazhen: If there are further significant abnormalities in the trading of the company's stock in the future, an application for a trading suspension and investigation will be made according to regulations.
ST Yazhen announced that the company's stock has increased by 93.14% from May 6th to May 30th, 2025. The short-term increase in the company's stock price significantly deviates from the Shanghai Stock Exchange index and the furniture manufacturing industry during the same period. There may be market sentiment overheating and irrational speculation. The company solemnly reminds investors that there may be risks of a significant drop in the company's stock price after a large short-term increase. If there are further major abnormalities in the company's stock trading, in order to protect the legitimate rights and interests of small and medium-sized investors, the company will apply for a trading suspension for verification according to regulations.
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