Jinshi Technology clarified: The stock price has risen 76.51% in 6 consecutive days without carrying out stablecoin business, and there is a risk of irrational fluctuations

PANews reported on June 10 that the A-share listed company Jinshi Technology announced that the company has paid attention to the recent market attention to the concept of stablecoins. In January 2025, the company signed a cooperation framework agreement with Ant Digital on the field of new energy business, and the cooperation model is still being explored, and no substantive business has been carried out yet. The company has not carried out business related to the concept of stablecoins for the time being. Since June 3, the company’s stock has hit the daily limit for 6 consecutive trading days, with a cumulative increase of 76.51% and a cumulative turnover rate of 29%. Recently, the company’s stock price has risen sharply, the turnover rate and turnover have been sharply enlarged, much higher than the previous level, and the short-term increase has seriously deviated from the Shenzhen Stock Exchange Index in the same period.