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2 consecutive limit-up of Nanya New Materials: During the period of abnormal stock trading fluctuations, the company's director Zhang Dong and others reduced their shareholdings in the company.
Jin10 data reported on August 18, South Asia New Materials issued an announcement regarding abnormal fluctuations in stock trading. After verification, during the period of the company’s abnormal stock trading, the company’s controlling shareholder, actual controller, and their concerted action parties did not buy or sell the company’s stocks; the company’s directors Zhang Dong, Zheng Xiaoyuan, Geng Hongbin, and Cui Ronghua reduced their holdings by 30,000 shares, 39,200 shares, 90,000 shares, and 96,600 shares, respectively; the company’s supervisor Chen Xiaodong reduced his holdings by 4,400 shares. The company does not have any circumstances violating information disclosure regulations.