Liaoning Shidai Wanhe Co., Ltd. Experiences Significant Stock Volatility
On June 27, 2025, Liaoning Shidai Wanhe Co., Ltd. (Stock Code: 600241), a company listed on the Shanghai Stock Exchange in the Consumer Discretionary sector, specifically within the Distributors industry, reported significant stock price volatility. The company’s stock experienced a notable deviation in closing prices over three consecutive trading days from June 25 to June 27, 2025. The cumulative deviation in the closing price reached over 20%, prompting the company to issue a public announcement regarding the abnormal fluctuations.
Company Overview
Liaoning Shidai Wanhe Co., Ltd. operates in the distribution sector, focusing on providing a range of consumer goods. As of June 26, 2025, the company’s stock closed at 9.68 CNY, matching its 52-week high. The stock’s 52-week low was recorded at 4.86 CNY on August 22, 2024.
Recent Announcements
Board Meeting Resolution: On June 27, 2025, the company held a temporary meeting of its ninth board of directors, resulting in a resolution that was publicly announced. The details of this resolution can be accessed through the company’s official announcement here .
Stock Trading Abnormality: The company issued a public notice regarding the abnormal fluctuations in its stock trading, as detailed in the announcement available here .
Legal Opinion on Annual General Meeting: A legal opinion from Liaoning Hengxin Law Firm concerning the company’s 2024 annual general meeting was released. The document can be reviewed here .
Annual General Meeting Resolution: The resolutions from the 2024 annual general meeting were made public, with further details available here .
Response to Controlling Shareholder Inquiry: The company responded to an inquiry from its controlling shareholder regarding the stock trading anomalies. The response is documented here .
These announcements reflect the company’s proactive approach in addressing the recent stock market volatility and maintaining transparency with its shareholders.