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Dongzhu Ecological Environment Protection: No substantial business cooperation with Delos at present

Zhitong
Mar 24, 2025 at 09:41 AM
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Dongzhu Ecological Environment Protection announced that due to the cumulative deviation of the stock price increase exceeding 20% over two consecutive trading days on March 21 and 24, 2025, it constitutes an abnormal trading fluctuation. The company has no substantial business cooperation with its affiliated subsidiary, Delos Artificial Intelligence Technology Co., Ltd., and only holds a 10% equity stake in it. Delos is currently in the startup phase, and there is uncertainty regarding its future operating performance

According to the Zhitong Finance APP, Dongzhu Ecological Environment Protection (603359.SH) announced that the closing price of its stock increased by more than 20% cumulatively over two consecutive trading days on March 21 and March 24, 2025. This situation falls under the category of abnormal trading fluctuations as per the relevant provisions of the Shanghai Stock Exchange Trading Rules.

The company has noted recent market reports regarding its equity investee, Delos Artificial Intelligence Technology (Sichuan) Co., Ltd. (hereinafter referred to as "Delos"). The company only holds a 10% equity stake in Delos, and it does not constitute a controlling relationship. Additionally, there is currently no substantial business cooperation between the company and Delos. Furthermore, Delos was established in January 2025 and is still in the startup phase, with its future operating performance remaining uncertain

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Dongzhu Ecological Environment Protection

Dongzhu Ecological Environment Protection

603359.SH

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