Shanghai Zhezhong Group Co.Ltd(002346) ( Shanghai Zhezhong Group Co.Ltd(002346) ) announced on May 18 that the closing price of the company’s stock trading price has deviated by 21.59% for three consecutive trading days. After verification, through the company’s self-examination and verification with the controlling shareholder Kangfeng investment and the actual controller of the company, the company, the controlling shareholder and the actual controller of the company do not have any major events that should be disclosed but not disclosed about the company, nor do they have other major events in the planning stage.
The company also said that the Shanghai area where the company is located is in the covid-19 pneumonia epidemic control stage. In order to ensure the normal operation of the complete set of switchgear products, the company continues to be in the closed-loop production state. As a key enterprise in Fengxian District, the company has undertaken orders for national key engineering projects, actively and effectively communicated with suppliers and customers to ensure the supply of raw materials and products and ensure the stability of production and operation. The impact of the company’s main product business on performance is still uncertain.
