Shuangjie Electric Flags Abnormal Trading After Three-Day 30% Share Price Move

Shuangjie Electric said on July 27 that its stock had an abnormal trading fluctuation after the cumulative deviation of its closing price over the three trading days of July 23, July 24 and July 27, 2026, exceeded 30%, according to Jiemian News. The company said it had found no need to correct or supplement previously disclosed information, and that its power transmission and distribution equipment business had not seen any major change. It also said current production and operations, as well as its internal and external business environment, had not changed materially. Shuangjie Electric said neither the company, its controlling shareholder nor its actual controller had any material matters that should have been disclosed but were not, or matters under planning. It added that its controlling shareholder and actual controller did not trade the company's shares during the period of abnormal volatility, and that it had not violated rules on fair disclosure.