On the evening of February 3rd, *ST Lifang (300344) disclosed an announcement stating that the company had conducted a review concerning the matters related to its stock price fluctuations. As the relevant self-inspection work has been completed, the company's stock will resume trading starting February 4th.

The announcement revealed that *ST Lifang hit the upper trading limit on 5 out of 8 trading days from January 20th to 29th, with a price surge of 188.06%. During this period, it repeatedly triggered scenarios of abnormal stock trading volatility, indicating a substantial short-term increase in the company's stock price.

*ST Lifang stated that currently, its stock price has severely deviated from the company's fundamental situation, presenting risks of overheated market sentiment and irrational speculation. Furthermore, the company's stock faces the potential risk of being forcibly delisted due to major violations.