Goldenmax International Technology Ltd. said its shares were flagged for abnormal trading after the cumulative deviation in closing-price gains reached 20% over three consecutive sessions on June 11, June 12, and June 15, 2026.
According to Jin10, the company said its stock has risen 223.65% since April, closing at 97.34 yuan per share on June 15. It reported a trailing price-to-earnings ratio of 136.54, well above the industry average of 61.72, and warned of risks tied to overheated sentiment and irrational speculation.
The company also denied recent market claims that its products had been included in Nvidia and Huawei supply-chain certification systems, calling the information false. It said it has had no contact or business cooperation with Nvidia or Huawei.
Goldenmax added that its high-frequency, high-speed copper-clad laminate products remain in the research and customer sampling stage and have not generated revenue. It said whether the products can pass certification remains uncertain.
STOCKS | Goldenmax International Shares Flagged for Abnormal Trading After 20% Three-Day Move
2026-06-15 10:28:29
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