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Absen: Abnormal stock trading fluctuations and risk warnings

Recently, Absen (300389) announced that the stock price of the company (security code: 300389, securities abbreviation: Absen) has deviated from the closing price increase by more than 20% for three consecutive trading days (August 7, August 8, and August 11, 2014). According to relevant regulations, it is an abnormal fluctuation in stock trading.
The board of directors has verified the company’s controlling shareholders and actual controllers regarding the recent abnormal fluctuations in the company’s stock transactions. The relevant situation is now explained as follows:
1. There is no need to correct or supplement the information previously disclosed by the company;
 
2. The public media has not recently reported any undisclosed major information that may or has had a greater impact on the company’s stock trading price;
3. The company’s recent operating conditions have been normal, and there have been no major changes in the internal and external operating environment;
 
4. The company, controlling shareholders and actual controllers do not have any major matters that should be disclosed but have not been disclosed, or major matters that are in the planning stage;
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