SCMC: Stock has risen more than 20% for three consecutive days
SCMC announced that the company's stock price has deviated by more than 20% in cumulative closing price increase over three consecutive trading days on October 20, 21, and 22, 2025, indicating significant short-term price fluctuations. According to the relevant provisions of the Shanghai Stock Exchange Trading Rules, this constitutes abnormal stock trading fluctuations. The company has reported losses for three consecutive years from 2022 to the first half of 2025, with a net profit of -44.5755 million yuan in 2022, -745 million yuan in 2023, -988 million yuan in 2024, and -447 million yuan in the first half of 2025
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