Shanghai Wumao: The wholly-owned subsidiary's data product "Metal Spot Index Query" is currently in a "temporarily inactive" state.

date
19/07/2025
Shanghai Materials Trading issued a stock trading risk warning notice on July 17. The company has recently noticed that concepts such as "RDA", "digital currency", and "stable coin" have attracted high attention in the market. After a self-inspection, the company found that its wholly-owned subsidiary, Shanghai Nonferrous Metal Trading Center Co., Ltd., developed a data product called "Nonferrous Metal Spot Index Inquiry," which was filed and listed on the Shanghai Data Exchange in January 2024. However, since its listing, this product has not been traded, and according to the rules of the Shanghai Data Exchange, the product is currently in a "temporarily invalid" state, which has not impacted the company's operating performance. Investors are advised to pay attention to the risks of secondary market trading, make rational decisions, and invest cautiously.