Stock Code: 000553(200553) Stock Abbreviation: ADAMA A (B) NO. 2024-44
ADAMA Ltd.
Announcement on Abnormal Stock Trading
Fluctuations
The Company and all members of the Company’s Board of Directors confirm that all
information disclosed herein is true, accurate and complete, with no false or
misleading statement or material omission.
I. Overview about theAbnormal Stock Trading Fluctuations
The A-share of ADAMA Ltd. (hereinafter referred to as the
“Company”, stock abbreviation: ADAMA A and stock code: 000553)
experienced abnormal stock trading fluctuations defined in relevant
provisions of Shenzhen Stock Exchange, which, to be specific, relates to
a cumulative deviation of more than 20% when comparing its closing
price increase with Shenzhen Composite Index for the past three
consecutive trading days from October 21st to 23rd, 2024.
II. Notes of the Company after Verifying Relevant Situation
In response to the abnormal fluctuation of the stock price, the Board
of Directors of the Company has conducted a comprehensive
self-examination and verified with the controlling shareholder and the
actual controller in respect of relevant situation. The following
information is hereby provided.
1. There is no information disclosed by the Company in the previous
period in need of correction and supplement.
2. As of the disclosure date of this Announcement, the Company has not
found any recent coverage by any mass media on undisclosed information
of material significance that may have or has had any substantive impact
on its trading stock price.
3. There is neither material change to the Company's operation nor in
the internal and external business environment recently.
4. The Company, its controlling shareholder and actual controller do not
have any material matters concerning itself that should be disclosed but
have not been disclosed.
5. Neither the controlling shareholder nor the actual controller of the
Company has traded its shares during the period of abnormal stock
fluctuations.
III. Explanation about Whether there is any Information that should
be Disclosed but has not been Disclosed.
The Board of Directors of the Company confirms that currently, it
does not have any matter that should be disclosed but has not been
disclosed in accordance with provisions of the Rules Governing the
Listing of Stocks of the Shenzhen Stock Exchange, or any planning,
negotiation, intention or agreement relating to such matter.
The Board of Directors has not learnt that the Company has any
undisclosed information that should be disclosed but has not been
disclosed in accordance with provisions of the Rules Governing the
Listing of Stocks of the Shenzhen Stock Exchange, which may have a
substantive impact on its trading stock price as well as the derivatives.
There is also no information disclosed in the previous period that
requires correction or supplementation.
IV. Risk Reminder
1. It is verified by self-examination the Company has no violation
against fair disclosure of information.
2. The announcement date of the Company’s 2024 Q3 Report is
October 31, 2024. It has not provided any unpublished periodic
performance information to third parties.
3. As a serious reminder, the Company has designated “China
Securities Journal”, “Securities Times” and CNINFO website
(www.cninfo.com.cn) as the prevailing media for its information
disclosure. Investors are hereby reminded to pay attention to investment
risks.
ADAMALtd.
October 24th, 2024
