Shandong Sacred Sun Power Sources Co., Ltd. said its shares were flagged for abnormal trading volatility after the cumulative deviation in closing-price gains exceeded 20% over two consecutive trading days on June 23 and June 24.
According to Jin10, the company said it has noted market attention on its businesses related to liquid-cooled energy storage systems, sodium-ion batteries, and solid-state batteries.
The company said its liquid-cooled energy storage system products are in the market-oriented promotion stage. It added that projects it has won bids for have not yet completed delivery and have not generated revenue.
Shandong Sacred Sun said its sodium-ion battery and solid-state battery products are in a pilot application stage and have not produced revenue. It added that mass production would still require a relatively long cycle and that these businesses are not expected to have a material impact on its operating performance in the short term.
The company also said its controlling shareholder has no major matters that should be disclosed but have not been disclosed.
STOCKS | Shandong Sacred Sun Says Liquid-Cooled Energy Storage Products Have Not Generated Revenue
2026-06-24 18:42:39
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