SICC's stock plummeted 5.21% during intraday trading on Friday, extending a period of significant price volatility for the company.

The sharp decline comes after the company issued an announcement regarding abnormal trading fluctuations in its shares. According to the company, the cumulative deviation in the closing price of its shares over three consecutive trading days reached 30%, constituting abnormal stock trading volatility under relevant exchange regulations.

SICC conducted a self-inspection and made inquiries to its controlling shareholder and actual controller, confirming that as of the announcement date, there is no significant information that should be disclosed but has not been. The company stated that its production and business activities are operating normally without any major changes, and there have been no significant adjustments in the market environment or industry policies.