On August 18, EAST BUY fell 5.07% in regular trading, trading at 20.58 HKD/share, with turnover of 113 million HKD.

On the news front, the ongoing refund-only fraud incident continued to weigh on investor sentiment. EAST BUY recently disclosed that routine order monitoring detected a large number of abnormal refund-only orders involving significant amounts, with suspected involvement of organized black-market fraud rings. The company immediately secured evidence and filed a report with public security authorities. Following police investigation, a suspect surnamed Zhang has been placed under criminal compulsory measures on suspicion of fraud, with the case still under further investigation.

The incident has raised market concerns over the company's risk control systems and the potential scale of losses. Notably, the company is scheduled to release its audited full-year results on August 21. Previously, EAST BUY had issued a positive profit alert projecting fiscal year total revenue of 5.6 to 5.8 billion RMB and net profit of 520 to 550 million RMB, representing year-over-year growth of approximately 8,567% to 9,067%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)