On April 6, China Fortune Land Development Co.Ltd(600340) (hereinafter referred to as ” China Fortune Land Development Co.Ltd(600340) “) issued an announcement on abnormal fluctuations in stock trading. The announcement shows that the closing price of China Fortune Land Development Co.Ltd(600340) A-Shares has increased by more than 20% for three consecutive trading days on March 31, April 1 and April 6, 2022, which belongs to the situation of abnormal fluctuation of stock trading.
In view of the abnormal fluctuation of the stock, China Fortune Land Development Co.Ltd(600340) said that the company’s current daily operation and external environment have not changed significantly, and there is no material information that should be disclosed but not disclosed that affects the abnormal fluctuation of the company’s stock trading price.
China Fortune Land Development Co.Ltd(600340) also said in the announcement that at present, affected by the epidemic in Langfang and other places, some regions and relevant personnel are subject to varying degrees of control and isolation measures due to the epidemic. China Fortune Land Development Co.Ltd(600340) is working hard to overcome the impact of the epidemic under the guidance of provincial and municipal governments and special teams, and orderly promote the signing of debt restructuring agreement, asset sale and other matters related to the implementation of the debt restructuring plan according to the overall plan.
