STOCKS | Sanfu Shares Warns of Risks After Abnormal Stock Price Volatility

Sanfu Shares said its stock experienced abnormal price volatility and urged investors to be mindful of risks. According to Jin10, the company said the cumulative deviation in its closing price increases exceeded 20% over three consecutive trading days on June 18, 2026, June 22, 2026, and June 23, 2026, and the stock hit the daily limit again on June 24, 2026. As of June 23, 2026, Sanfu Shares said its trailing price-to-earnings ratio was 270.40, significantly higher than the industry average of 28.40. It also reported a cumulative turnover rate of 37.64% over four consecutive trading days. After checks, the company said it found no media reports or rumors requiring clarification. It added that routine operations and major matters were normal, and it did not find that relevant personnel traded the company’s shares during the period of abnormal volatility. The company reiterated its reminder for investors to make rational decisions and pay attention to risks.