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ST Jinglan: Trading Halt Review Completed, Stock to Resume Trading Tomorrow
Everyday AI Express, March 19 — ST Jinglan (000711.SZ) announced that the company’s stock was previously suspended due to a 176.79% increase in share price from January 23 to March 12, which significantly deviated from the company’s fundamentals. The company applied for a trading halt for investigation. During the suspension, the company conducted an inquiry into the stock price fluctuations.
As the self-inspection has been completed and in accordance with relevant regulations, the company applied to resume trading, and the stock will reopen on March 20, 2026 (Friday). Recently, the company’s stock price has experienced large fluctuations influenced by market sentiment and speculative hype. Some market opinions have overinterpreted the company’s new business development, asset injection, rebranding, and valuation restructuring leading to market cap growth, which significantly deviates from the company’s current actual performance.
The company’s stock price has severely diverged from its current performance. Investors are advised to abandon speculative mindsets, view the company’s development status and valuation levels rationally, make cautious decisions, and pay attention to investment risks.
Daily Economic News