STOCKS | GRIPM Advanced Materials Shares Flagged for Abnormal Trading Volatility

GRIPM Advanced Materials said its shares were flagged for abnormal trading volatility after the stock’s cumulative deviation in closing-price gains reached 30% over three consecutive trading days on June 8, June 9, and June 10. According to Jin10, the company said its additive manufacturing powder capacity expansion project remains under construction and it has not recently added any significant new orders. The company noted that the market has recently focused on themes related to memory chips, PCBs, and optical modules. It said its products are upstream raw materials and that downstream applications remain uncertain. GRIPM Advanced Materials added that its business performance has not been materially affected so far, and it urged investors to invest rationally and be mindful of risks.