Summary by Moomoo AI
Feitian Cloud Technology Co., Ltd. (“Feitian Cloud”) issued a voluntary announcement on February 19, 2024 in response to unusual recent stock price fluctuations. After reasonable enquiries, the Company's manager confirmed that there is no need to disclose inside information about the reasons for the share price volatility. Feitian Cloud emphasizes that the Group's business is operating normally, the financial situation has not changed significantly, and there has been no reduction in the actions of controlling shareholders, directors or senior management. The Board of Directors and management remain confident in the Company's future development and remind shareholders and investors to exercise caution when trading.