Linhai Co., Ltd. (600099.SH) announced on July 29 that the company's products are mainly involved in the off-road vehicle industry, agricultural machinery industry, fire fighting machinery industry and motorcycle industry, and the main competitors come from domestic and foreign listed companies in the same industry and its subdivisions. The company's production and operation activities are currently normal, and the internal production and operation order is normal. The company's business has remained stable in recent years, and there have been no significant changes in the business sectors or major customers and fundamentals of the company. As of the date of this announcement, the company has conducted self-inspection and there is no significant information that should be disclosed but has not been disclosed.
The company's stocks closed at the limit-up price for three consecutive trading days on July 25th, 26th, and 29th, 2024. Considering the short-term frequent limit-up of the company's stocks, the business of the company has remained stable in recent years and there have been no significant changes in the business sector, major customers, or fundamentals of the company. However, there is a significant risk of decline in the later period. The company reminds investors to make rational decisions and invest cautiously.