---
title: "ASAC: Currently, production and operations are normal, with the main business being the production and sales of marine anchor chains and offshore oil platform mooring chain products"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/232965679.md"
description: "ASAC announced that there has been unusual volatility in its stock trading recently, with the cumulative increase in the daily closing price exceeding 20%. The company primarily engages in the production and sales of marine anchor chains and offshore oil platform mooring chains. Currently, production and operations are normal, and performance has not been affected, but there is uncertainty regarding future sales. Investors are reminded to pay attention to risks"
datetime: "2025-03-24T12:31:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/232965679.md)
  - [en](https://longbridge.com/en/news/232965679.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/232965679.md)
---

# ASAC: Currently, production and operations are normal, with the main business being the production and sales of marine anchor chains and offshore oil platform mooring chain products

According to the Zhitong Finance APP, ASAC (601890.SH) announced that the closing price increase deviation of the company's stock exceeded 20% cumulatively over three consecutive trading days on March 19, March 20, and March 21, 2025. This situation falls under the category of abnormal stock trading fluctuations as per the relevant provisions of the Shanghai Stock Exchange Trading Rules.

The company has noted that the marine economy concept has recently attracted significant market attention. Currently, the company's main business is the production and sales of marine anchor chains and mooring chains for offshore oil platforms. As of now, the company's production and operations are normal, and there is no temporary impact on performance. However, there is uncertainty regarding the impact on future product sales. Investors are advised to pay attention to investment risks

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