Leade Harmonic: Stock price surged over 36% in 3 days, posing risk of irrational speculation

Odaily reported that Leade Harmonic issued an announcement regarding abnormal fluctuations in stock trading, stating that the cumulative deviation of the company's stock closing price increase over three consecutive trading days from June 4 to June 8 exceeded 30%, constituting a situation of abnormal stock trading fluctuations.

The announcement shows that from June 4 to June 8, the company's stock price rose by a cumulative 36%, while during the same period, the Shanghai Composite Index fell by 3.05% and the automation equipment industry index rose by 2.13%. The company stated that the short-term stock price increase significantly deviated from the performance of the market and industry during the same period, and there may be instances of irrational speculation.

After self-inspection and verification with the controlling shareholder and actual controller, as of the date of the announcement, the company has no undisclosed major matters that should be disclosed, nor has it discovered any media reports, market rumors, or hot concept topics that could have a significant impact on the stock price. The company reminds investors to be aware of the risks of secondary market trading, make rational decisions, and invest prudently.