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A-share unusual movement | Zhuoran Co., Ltd. fell over 10% as the order amount of its subsidiary sharply decreased, receiving a regulatory work letter.
Gelonghui, December 12 | Zhuoran Co., Ltd. (688121.SH) sharply fell over 10%, with the stock price once dropping below the 12 yuan mark, and the total market value fell below 3 billion yuan. In news, last night, Zhuoran Co., Ltd. announced a significant change to a Substantial Order, reducing the original 6.936 billion yuan order to 0.157 billion yuan. Consequently, the Shanghai Stock Exchange issued a regulatory letter to Zhuoran Co., Ltd. regarding the matter, involving the listed company, Institutions, and their related personnel. Zhuoran Co., Ltd. stated that this order change is the result of careful research after discussions with the owner, and the cancellation of the original order will not have a significant adverse effect on the company’s finances and Operation.
Nearly 7 billion yuan became 0.157 billion yuan! The order amount of Zhuoran Co., Ltd.'s subsidiary drastically reduced the company: if the execution of the contract project is repaid or there is a risk of delays
① The Shanghai Stock Exchange issued a letter of supervisory work on matters relating to Zhuoran shares, involving listed companies, intermediaries and related personnel. ② Up to now, the original order has confirmed revenue of 36.9816 million yuan, the company has received a contract payment of 75 million yuan, and the amount to be settled is 81.8589 million yuan. ③ Profits of propylene and most derivatives were inverted in 2024, and the overall profit of the industry was at a low level.
Express News | The Shanghai Stock Exchange issued a regulatory letter regarding matters related to Zhuoran Co.
Express News | Zhuoran Co., Ltd.: Signed a major order modification agreement with Zhenhua Petroleum.
Express News | Zhuoran Co., Ltd.: The settlement amount for the Order change is 15.6859 million yuan.
Express News | Zhuoran Co., Ltd.: Completed the acquisition of INNOVARE KTI for 0.109 billion yuan.
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