DeTai New Energy (559) Issues Statement on Unusual Price Movement

Bulletin Express
Yesterday

DeTai New Energy Group Limited (559) issued an announcement noting an unusual price movement of its shares. According to the statement, the board has conducted a reasonable inquiry and currently attributes any market fluctuations solely to the company’s consideration of acquiring a hotel in Macau. No other information has been identified that would explain the recent share price behavior or require disclosure under Part XIVA of the Securities and Futures Ordinance.

Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares. The board of directors collectively and individually accepts responsibility for the accuracy of the information provided.

As of 24 February 2026, the board is led by Chairman and Executive Director, Mr. Wong Siu Keung Joe, with Ms. Chu Yin Yin Georgiana serving as Non-Executive Director. The Independent Non-Executive Directors are Mr. Chiu Wai On, Mr. Man Kwok Leung, and Mr. To Chun Wai.

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