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STOCKS | Aokang International Denies Undisclosed Material Matters After Share Price Volatility

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2026-07-06 08:46:08
Aokang International said it had no material matters that should be disclosed but had not been disclosed.

According to Jin10, the company announced that its shares recorded a cumulative closing-price deviation decline of 20% over three consecutive trading days—July 2, 2026, July 3, 2026, and July 6, 2026—constituting abnormal stock trading volatility.

The company said it had obtained written confirmation from its controlling shareholder and actual controller. As of the date of the announcement, it said that, aside from information already publicly disclosed through designated media, neither the company nor its controlling shareholder or actual controller had any undisclosed material information that should be disclosed.

It added that such matters include, but are not limited to, major asset restructurings, share issuances, major transactions, business restructurings, share buybacks, equity incentive plans, bankruptcy reorganizations, major business cooperation, and the introduction of strategic investors.
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