XINMING CHINA (02699) issued an announcement stating that the company's board of directors has noticed unusual movements in the trading price and volume of the company's shares recently. After making reasonable inquiries regarding the company's relevant circumstances, the board confirms that it is not aware of: (i) any reasons causing such unusual movements in share price and trading volume; or (ii) any information that must be disclosed to avoid creating a false market in the company's securities; or (iii) any inside information that should be disclosed under Rule 13.09(2) of the Listing Rules and Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).
The board also confirms that the group's business operations remain normal, and there have been no material changes in the group's business operations and financial condition.