Zhejiang Furun Digital Technology (600070.SH) announced that the company's stocks will be suspended from August 2, 2024 to September 3, 2024...
Zhejiang Furun Digital Technology (600070.SH) announced that the company's stocks have been in a continuous 18-day trading suspension from August 2, 2024 to September 3, 2024, with a price increase of 100.89%. The stock price has fluctuated greatly, attracting investors' attention. In order to protect the interests of investors, the company will conduct an investigation into the stock trading situation. Upon application, the company's stocks will be suspended from trading starting from September 4, 2024, and will resume trading after the disclosure of the investigation announcement, with an expected suspension time of no more than 3 trading days.
Recently, the company jointly established Zhejiang Xinruibei Biotechnology Co., Ltd. with affiliated enterprises Jiangsu Xinruibei and Xinxiada. Currently, no capital has been contributed, and the company holds a 40% stake, without control or consolidation. As of now, Zhejiang Xinruibei has only completed the business registration, has not recruited employees, has not actually conducted any business, and has not generated any revenue or investment income. The future operating situation has significant uncertainties.