Fujian Start Group Co.Ltd(600734) ( Fujian Start Group Co.Ltd(600734) ) announced on the evening of March 17 that the company’s stock price has increased significantly recently, and it has touched abnormal fluctuations in stock trading for many times during the period. From March 10, 2022 to the closing on March 17, 2022, the company’s shares rose by the limit for six consecutive trading days, with a cumulative increase of 34.02%. In view of the recent large fluctuation of the company’s share price, the company checked the fluctuation of stock trading. Upon the application of the company, the trading of the company’s shares will be suspended from the opening of the market on March 18, 2022.
The reporter of China Securities Journal noted that in combination with this application for temporary suspension, Fujian Start Group Co.Ltd(600734) has applied for temporary suspension three times since February and November. Among them, the reason for the temporary suspension disclosed on the evening of Fujian Start Group Co.Ltd(600734) february 11 is that the company implemented the reorganization plan to convert the capital reserve into shares. The company plans to apply to Shanghai stock exchange for the suspension of trading of the company’s shares for one trading day on the date of equity registration of the capital reserve into share capital (February 14, 2022).
In addition, Fujian Start Group Co.Ltd(600734) 3 again disclosed the application for temporary suspension on the evening of March 4. The company said that the company’s shares had been trading for 15 consecutive trading days from February 11, 2022 to March 4, 2022, with a cumulative increase of 108.55%.
According to statistics, from February 11 to the latest closing day, Fujian Start Group Co.Ltd(600734) increased by 179.44%. For the recent surge, Fujian Start Group Co.Ltd(600734) said that the daily operation of the company has not changed significantly recently. As of the date of this announcement, except for the matters disclosed by the company, Fujian Shusheng, the company’s controlling shareholder.
