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Sanmei Chemical Finds No Significant Event to Justify Abnormal Stock Movement

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Zhejiang Sanmei Chemical Industry (SHA:603379) said it experienced abnormal stock fluctuation within three consecutive trading days, but it found that it has no significant information that could cause the unusual movement, according to a Shanghai bourse filing on Thursday.

The fluorocarbon and inorganic fluorine manufacturer's closing price deviated by over 20% from June 29 to July 1.

The company conducted an internal inspection that concluded it has no material information that it needs to disclose.

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