Xinji Network Flags Abnormal Trading After 20% Three-Day Share Price Rise

Xinji Network said on September 4 that its shares had accumulated a 20% deviation in closing-price gains over three consecutive trading days on September 2, 3 and 4, meeting the criteria for abnormal stock trading, according to Jiemian News. The company said it provides multi-cloud full-stack intelligent operations and maintenance products and services, including smart operations and maintenance and operations solutions, sales of original hardware and software and related services, as well as short-drama and intelligent content production and marketing. It added that it does not own data centers and is not involved in the commercial operation of data centers.