STOCKS | Huashengchang Reports Abnormal Stock Price Fluctuation

On April 15, Jin10 reported that Huashengchang issued a notice regarding abnormal stock price movements. The company experienced a cumulative deviation of 20% in stock closing prices over two consecutive trading days, April 14 and April 15, 2026, indicating unusual fluctuations. According to Jin10, after conducting a self-examination and consulting with the controlling shareholder and actual controller, the company confirmed that there are no undisclosed major matters as of April 15. On February 28, the company announced plans to acquire 100% equity in Galant for an estimated total value of 460 million yuan. Additionally, controlling shareholder Yuan Jianmin intends to transfer 5% of shares to Yu Xinwen. The acquisition is still in the planning stage, and the final plan will be based on the formal agreement. Investors are advised to be cautious of potential risks.