Jiangmen Sugar Cane Chemical Factory (Group): Abnormal volatility in stock trading

NBD AI Bulletin-Jiangmen Sugar Cane Chemical Factory (Group) Co., Ltd. (SZ 000576, closing price: 11.54 yuan) announced on the evening of July 12 that the Company's cumulative intra-day closing price deviation reached +25.72% on three consecutive trading days on July 8, July 9, July 10, 2020. The board of directors is not aware of any information of the Company that should have been disclosed in accordance with the relevant provisions of the Stock Listing Rules of the Shenzhen Stock Exchange, which has a significant impact on the trading price of the Company's shares and its derivatives.

NBD AI Review: Jiangmen Sugar Cane Chemical Factory (Group) Co., Ltd. rose 54.28% in the last five trading days, while the defense industry sector rose 18.73% and the Shenzhen Composite Index gained 9.96% over the same period.

According to the Company's 2019 annual report, Jiangmen Sugar Cane Chemical Factory (Group) Co., Ltd. mainly engages in trade and manufacturing, accounting for 48.85% and 47.77% of its revenue respectively.

Jiangmen Sugar Cane Chemical Factory (Group) Co., Ltd.'s chairman is Huang Ke, male, 36, undergraduate degeree.The Company's president is Shi Yongchen, 42, assistant engineer.


(By Cai Ding)

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