Estun (02715.HK): Announcement on Abnormal Fluctuation in Share Trading

NewTimeSpace News: Estun disclosed in an announcement dated July 2 that the cumulative deviation of closing price increase of the Company’s shares exceeded 20% across three consecutive trading days, namely June 30, July 1 and July 2, constituting abnormal fluctuation in share trading.

NewTimeSpace News: On July 2, 2026, Estun (02715.HK) issued an announcement stating that the cumulative deviation of closing price increase of its shares over three consecutive trading days exceeded 20%, triggering abnormal trading fluctuation. Verification confirms that the Company maintains normal production and operation with no material changes to internal and external operating environments.

As disclosed in the announcement, the Company is planning to acquire equity interests in its associate Nanjing Estun Kuzhu Technology in cash via its wholly-owned subsidiary. Upon completion of the transaction, the Company will indirectly hold 100% equity of the target and consolidate it into its financial statements. This matter is still under preliminary planning; the transaction structure and terms require further deliberation and are subject to uncertainties.

NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.

Related Topics
×
Share to WeChat

Open WeChat, use the "Scan", and share to my Moments.