Suspension review completed, ST Jinglan will resume trading starting March 4.

Beijing Business Daily (Reporter Wang Manlei) reported that on the evening of March 3, ST Jinglan (000711) announced that the company has conducted an investigation into the recent stock price fluctuations. As the self-inspection has been completed, trading of the company’s stock will resume starting March 4.

The announcement shows that from January 23 to February 26, the stock price of ST Jinglan increased by 116.67%. During this period, the stock repeatedly experienced abnormal trading fluctuations, including one instance of severe abnormal fluctuation. The stock price surged significantly in a short period, deviating sharply from the company’s performance. The company’s performance has not changed significantly, but market sentiment has been overheated, posing considerable trading risks.

ST Jinglan stated that after self-inspection and verification with its controlling shareholder and actual controller, as of the disclosure date, there are no major undisclosed matters that should have been disclosed. Recently, the company’s operating conditions and internal and external business environment have not undergone significant changes; the information previously disclosed by the company remains accurate as of the time of this announcement, with no need for additional or corrected disclosures.