Jinshi Technology: The company has not yet carried out any business related to the concept of stablecoins

PANews reported on June 10 that Jinshi Technology, an A-share listed company, announced that the company has noticed that the market has paid close attention to the concept of stablecoins recently. In January 2025, the company signed a "Cooperation Framework Agreement" with Ant Digital Technology on the new energy business field. The current cooperation model is still under exploration and no substantive business has been carried out; the company has not yet carried out business related to the concept of stablecoins. The company's stock has hit the daily limit for 6 consecutive trading days since June 3, with a cumulative increase of 76.51% in stock price and a cumulative turnover rate of 29%. Recently, the company's stock price has risen sharply, and the turnover rate and transaction volume have increased sharply, far higher than the previous level. The short-term increase has seriously deviated from the Shenzhen Stock Exchange Index in the same period, and the irrational fluctuation characteristics are prominent. There is an overheated market sentiment. The company especially reminds investors to pay attention to the risks of secondary market transactions, make prudent decisions, and invest rationally.

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Author: PA一线

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