Shanghai Xizhi Technology Co., Ltd. (Xizhi Tech) released a clarification after unusual price movements in its H shares on 4 June 2026. Management attributed the volatility to a temporary halt implemented during the morning session while the exchange awaited publication of a board‐resolution announcement dated 3 June 2026.
Trading resumed at 1:00 p.m. the same day following disclosure of the board resolution at 12:12 p.m. Xizhi Tech emphasized that business operations remain normal and confirmed that it possesses no inside information requiring disclosure under Rule 13.09(2) of the Hong Kong Listing Rules or Part XIVA of the Securities and Futures Ordinance.
The company advised shareholders and potential investors to base any investment decisions solely on official announcements and to exercise caution when dealing in its securities.