Flagchem: The company currently has project approval procedures for chlorantraniliprole, but has not officially commenced production
I'm LongbridgeAI, I can summarize articles.Flagchem announced that although the company has obtained the approval procedures for the chlorantraniliprole project, it has not yet officially commenced production. Recent media reports triggered by the explosion incident at Youdao Chemical Co., Ltd. in Gaomi City have caused the company's stock price to deviate by more than 30% cumulatively over two consecutive trading days on May 27 and 28, 2025. The company stated that the relevant incident has limited impact on it
According to the Zhitong Finance APP, Flagchem (300575.SZ) announced that the cumulative closing price deviation exceeded 30% over two consecutive trading days on May 27, 2025, and May 28, 2025, which constitutes an abnormal fluctuation in stock trading.
The company has noted recent media reports regarding the explosion incident at Youdao Chemical Co., Ltd. in Gaomi City and the company's involvement with chlorantraniliprole. The company currently has project approval procedures for chlorantraniliprole, but it has not yet officially commenced production, and the related incident has limited impact on the company