Lianhua Holdings (600186.SH) announced that the company's Stocks price on December 27, 2024, ...
According to the Zhitong Finance APP, Lianhua Holdings (600186.SH) announced that the company's stock price experienced a cumulative deviation of 20% in the closing price over three consecutive trading days on December 27, December 30, and December 31, 2024. This is considered an abnormal fluctuation in stock trading according to the relevant regulations of the Shanghai Stock Exchange.
The company reminds that its holding subsidiary, Zhejiang Lianhua Zixing Intelligent Technology Co., Ltd. (referred to as 'Lianhua Zixing'), has a relatively small share of operating revenue and net income in the first three quarters of 2024. The company's operating revenue and net income mainly come from the contribution of Condiments. The initial stage of developing the computing power leasing business requires significant capital investment, has a long return cycle, and there are risks associated with the upgrading of computing power Servers. The company primarily obtains financial support through financing from Financial Institutions and leasing, which may create some financial pressure.