HUAJIN INTL (02738) has announced that its board of directors has noticed unusual movements in the company's share price recently. Following inquiries, the board confirmed that it is not aware of: (i) any reason causing such share price movements; (ii) any information that must be announced to avoid a false market in the company's securities; or (iii) any inside information required to be disclosed under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). The board also confirmed that the group's business operations remain normal.
This statement comes as the company addresses investor concerns regarding the recent volatility in its stock price, reiterating that no undisclosed material developments exist. The company's clarification aims to reassure the market of its operational stability amid the price fluctuations.