On May 19, GLONGHUI (002285.SZ) announced that on May 15, 2024, May 16, 2024, and May 17, 2024, the cumulative deviation value of the closing price increase exceeded 20% for three consecutive trading days. According to the relevant regulations of the Shenzhen Stock Exchange, this is an abnormal stock fluctuation.
In response to abnormal fluctuations in the company's stock, the company examined the relevant matters and inquired about the company's controlling shareholders and actual controllers. The relevant situation was explained as follows: 1. The information disclosed by the company earlier did not require correction or addition. 2. The company has not found any recent public media reports of undisclosed material information that may or have had a significant impact on the trading price of the Company's stock. 3. Recently, local governments and central departments have introduced a series of active real estate adjustment policies to stabilize market expectations and promote the healthy development of the real estate market. The policy environment in the company's industry is showing an improving trend. 4. The company, controlling shareholders and actual controllers have no important matters that should be disclosed but not disclosed or are in the planning stage. 5. The controlling shareholders and actual controllers of the company did not trade the company's shares during the period of abnormal fluctuations in the company's stock trading.
The board of directors of the company confirmed that, with the exception of the above matters (referring to the disclosure matters covered in Part II), the company currently does not have any matters that should be disclosed in accordance with the provisions of the Shenzhen Stock Exchange's “Stock Listing Rules” or plans, negotiations, intentions, agreements, etc. relating to such matters; the board of directors has not received any information that the company should disclose in accordance with the provisions of the Shenzhen Stock Exchange's “Stock Listing Rules” and that has a significant impact on the trading price of the company's shares and derivatives; there is no information that needs to be corrected or added to the information disclosed by the company in the early stages.