STOCKS | Fuda Alloy Reports Significant Stock Price Fluctuation

On May 13, Jin10 reported that Fuda Alloy issued a notice regarding unusual stock activity. The company's stock price experienced a cumulative deviation of 100% over ten consecutive trading days from April 27 to May 13, 2026, indicating severe abnormal fluctuations. According to Jin10, the recent volatility in the company's stock price significantly deviates from market trends, posing a risk of excessive speculation. After conducting a self-examination and verifying with the controlling shareholder, the company confirmed that its production and operations are normal, with no undisclosed significant matters. In the first quarter of 2026, Fuda Alloy achieved a net profit attributable to the parent company's owners of 181.0643 million yuan (unaudited), showing substantial growth compared to the same period last year. The company cautions that fluctuations in silver prices may introduce uncertainty to its future performance, posing a risk of performance volatility.