Summary by Moomoo AI
Shuang Soup Group Co., Ltd. (“Shuang Soup”) issued a notice on 24 April 2024 stating that the trading of its Class B shares on the United Exchange of Hong Kong Limited (the “Exchange”) was suspended at 11.15 a.m. on the same day and planned to resume trading at 9:00 a.m. on 25 April 2024. This share buyback was suspended due to recent unusual trading price and volume fluctuations in Class B shares. The Company's Board of Directors said that no specific reasons for price and volume changes were known, other than publicly disclosed information. Shuangyu also held a Technology Exchange Day in Shanghai on April 23, 2024, during which it launched the “New Day 5.0” large model, which significantly improved performance in several areas, and released the relevant industry-wide model and mobile version of the SDK. THE COMPANY REMINDS SHAREHOLDERS AND POTENTIAL INVESTORS TO EXERCISE CAUTION WHEN TRADING, AND ADVISES TO SEEK PROFESSIONAL ADVICE IF THEY HAVE ANY QUESTIONS.