DATANG POWER's A-Shares Experience Abnormal Trading Volatility, No Undisclosed Material Matters

Stock News
05/29

DATANG POWER (00991) announced that on May 27, 28, and 29, 2026, the cumulative deviation of the closing price increase for its A-share stock over three consecutive trading days exceeded 20%, constituting abnormal trading volatility according to the Shanghai Stock Exchange trading rules.

Following internal verification and consultation with its controlling shareholder and actual controller, the company confirmed its production and operations are normal, with no material matters that should have been disclosed but have not been.

The stock turnover rates on May 27, 28, and 29, 2026, were 7.74%, 8.66%, and 9.02% respectively, which are relatively high compared to the company's historical levels, indicating significant trading risks. As of May 29, 2026, the company's latest price-to-book ratio stands at 4.34 times, while the latest industry average for the electric power and heat production and supply sector is 2.02 times, indicating it is above the industry average.

Between May 6 and May 19, 2026, the company's stock price accumulated a gain of 101.44%. During this period, it issued one severe abnormal volatility announcement, three abnormal volatility announcements, and two trading risk alerts.

Investors are advised to be mindful of secondary market trading risks, make rational decisions, and invest prudently.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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