---
title: "ST Cedar Development: The company maintains independence from related parties such as Xuesong Industrial"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/244204530.md"
description: "On June 12th, ST Cedar Development announced that the cumulative closing price deviation of its stock had exceeded 12% over three consecutive trading days, which constitutes an abnormal fluctuation in stock trading. Although the company and related parties such as Xuesong Industrial are controlled by the same actual controller, the company is completely separate from Xuesong Industrial and other related parties in terms of business, personnel, assets, institutions, and finances, maintaining independence. Therefore, matters related to Xuesong Industrial and other related parties will not have a significant adverse impact on the company's normal operations and corporate governance"
datetime: "2025-06-12T08:32:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/244204530.md)
  - [en](https://longbridge.com/en/news/244204530.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/244204530.md)
---

> 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/244204530.md) | [English](https://longbridge.com/en/news/244204530.md)


# ST Cedar Development: The company maintains independence from related parties such as Xuesong Industrial

On June 12th, ST Cedar Development announced that the cumulative deviation value of the closing price increase of its stock exceeded 12% for three consecutive trading days, which constitutes abnormal stock trading fluctuations. Although the company and related parties such as Xuesong Industrial are controlled by the same actual controller, the company is completely separate from related parties such as Xuesong Industrial in terms of business, personnel, assets, institutions, and finances, maintaining independence. Therefore, the matters related to Xuesong Industrial and other related parties will not have a significant adverse impact on the company's normal operations and corporate governance

### 相關股票

- [Cedar Development (002485.CN)](https://longbridge.com/zh-HK/quote/002485.CN.md)

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