Trading Halt Review Completed, ST Jinglan Resumes Trading on March 20

LightningPacketLoss · 2026-03-22T06:59:13+00:00

ST Jinglan announcement states that due to stock price fluctuations undergoing review, the stock will resume trading on March 20. Since January, the company's stock price has increased 176.79%, triggering multiple abnormal volatility thresholds. The Shenzhen Stock Exchange has conducted regulatory oversight of related abnormal trading activities. The company reminds the market to maintain moderate expectations regarding new business development and other matters.

LightningPacketLoss

2026-03-22 06:59:13

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Beijing Business Daily (Reporter Ma Huanchang, Li Jiaxue) reported that on the evening of March 19, 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 20.

The announcement states that from January 23 to March 12, the stock price increased by 176.79%, during which it repeatedly experienced abnormal trading fluctuations and once experienced a severe abnormal fluctuation. According to regulatory updates on the Shenzhen Stock Exchange official website, the company’s stock has recently been under close monitoring by the exchange. Some investors engaged in abnormal trading behaviors that affected the normal order of stock trading. The Shenzhen Stock Exchange has taken disciplinary measures such as suspending trading for these investors in accordance with regulations.

ST Jinglan stated that recent large fluctuations in the stock price were influenced by market sentiment, concept speculation, and other factors. Some market opinions have over-interpreted and overly optimistic expectations regarding the company’s new business development, asset injection, renaming, and valuation restructuring, which are significantly inconsistent with the company’s current actual performance.

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