---
title: "ZHEFU Holdings: The Yaxia project is still in the early stages of construction. The company will strictly fulfill its information disclosure obligations in a timely manner in accordance with the project's progress and relevant regulations"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/249551790.md"
description: "ZHEFU Holdings announced that due to the stock price increasing by more than 20% for three consecutive days from July 18 to 22, 2025, it constitutes an abnormal fluctuation. After verification, the company and its controlling shareholders have not disclosed any significant matters. The Yaxia project is currently in the early stages of construction, and the company will fulfill its information disclosure obligations based on the project's progress"
datetime: "2025-07-22T10:01:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/249551790.md)
  - [en](https://longbridge.com/en/news/249551790.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/249551790.md)
generator: "portal-rs"
---

# ZHEFU Holdings: The Yaxia project is still in the early stages of construction. The company will strictly fulfill its information disclosure obligations in a timely manner in accordance with the project's progress and relevant regulations

According to the Zhitong Finance APP, ZHEFU Holdings (002266.SZ) announced that the closing price increase deviation of the company's stock exceeded 20% cumulatively over three consecutive trading days on July 18, July 21, and July 22, 2025. This situation falls under the category of abnormal stock trading fluctuations according to the relevant regulations of the Shenzhen Stock Exchange.

After verification, the company, its controlling shareholders, and actual controllers have no significant matters that should be disclosed but have not been disclosed regarding the company, nor are there any significant matters in the planning stage.

The company has noted the recent high market attention on the Yarlung Tsangpo River downstream hydropower project (hereinafter referred to as the "Yaxi Project"). The company's wholly-owned subsidiary, Zhejiang Fuchunjiang Hydropower Equipment Co., Ltd. (hereinafter referred to as "ZHEFU Hydropower"), is mainly engaged in the research and development, design, manufacturing, and service of large and medium-sized complete sets of hydraulic turbine generator units. Its products cover three main types: through-flow hydraulic turbine generator units, axial-flow hydraulic turbine generator units, and mixed-flow hydraulic turbine generator units, as well as pumped storage generator units, electromechanical general contracting for hydropower projects, and general contracting for electromechanical equipment in power stations.

As of the date of this announcement, the Yaxi Project is still in the early stages of construction. The project is characterized by a large investment scale, a long construction period, and high technical requirements. The company will strictly fulfill its information disclosure obligations in a timely manner in accordance with relevant regulations based on the project's progress

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**