STOCKS | Yawei Shares Says It Will Stay Focused on High-End Equipment Manufacturing
Yawei Shares issued an announcement on unusual trading moves after its stock’s cumulative closing-price deviation exceeded 20% over three consecutive trading days, meeting the Shenzhen Stock Exchange’s criteria for abnormal fluctuations. According to Jin10, the company said its main businesses include metal forming machine tools, laser processing equipment, and intelligent manufacturing solutions, which are mainly used in industries such as automobiles, power and electrical equipment, new energy, home appliances, and construction machinery. Yawei Shares said it will continue to focus on its core high-end equipment manufacturing business and will keep improving its intelligent manufacturing capabilities, including its ability to provide customers with integrated software-and-hardware solution services.
