Shandong Molong Petroleum Machinery (HK:0568) has released an update.
Shandong Molong Petroleum Machinery has reported an unusual increase in its A-share prices, with a deviation exceeding 12% over three consecutive trading days. Despite this volatility, the company confirms there are no undisclosed events or changes in operations that would affect stock prices. The board reassures investors that the company’s financials remain strong, with a significant rise in net profit for the first three quarters of 2024.
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