Fangda Stock Rises 30% Over Two Days; Company Clarifies Diamond Heat Dissipation Report Not Material Non-Public Info

GateNews
According to Fangda's statement on May 25, the company's stock experienced cumulative gains of 30% over two trading days (May 22-25), triggering abnormal trading volatility disclosure requirements. The company clarified that recent CCTV reports on diamond heat dissipation applications do not involve material non-public information that could significantly impact the stock price. Fangda noted elevated market attention to diamond and superhard material concepts, with relevant business operations and risk disclosures covered in its periodic reports.
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