Jinhaitong said its shares’ cumulative deviation in daily closing price exceeded
20% over Aug 4–6, 2026, an abnormal price movement under Shanghai Stock Exchange
rules. The company’s self-check found operations are normal and there have been
no material changes in recent business or the internal/external operating
environment. The firm is actively promoting an issuance of convertible corporate
bonds to unspecified investors; the transaction requires review by the Shanghai
Stock Exchange and CSRC consent to register. Whether and when approvals will be
granted remains uncertain. The company will monitor progress and make timely
disclosures as required by law.
