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16/10/2026 08:30

Xinhua Wenxuan (00811) A-share trading experiences abnormal fluctuations; no industrial transformation and upgrading investment in new projects exists

    Economic Information Daily (16th exclusive) Xinhua Wenxuan (00811)(SSE: 601811) announced that its A-shares trading experienced cumulative closing price increases exceeding 20% over two consecutive trading days on Wednesday (14th) and yesterday, which constitutes an abnormal fluctuation in stock trading. After self-inspection and verification with the controlling shareholder, it has been confirmed that there are no significant matters that should have been disclosed but were not.

    The group stated that its business operations are normal, the market environment or industry policies have not undergone significant adjustments, and there have been no substantial fluctuations in production costs and sales. Recently, there are no significant contracts that should have been disclosed but were not, and there are no new investment projects for industrial transformation and upgrading. The group's core business operations do not involve new technologies, new industries, new business forms, or new models. No trading of company shares by directors, senior management, or controlling shareholders during the period of abnormal stock trading fluctuations has been identified, nor have other significant events that might have a substantial impact on the stock price been discovered. (wh)
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