A-shares unusual movement | Termination of major event planning, Dechang Co. resumes trading, approaching the daily limit down

Dechang Co., Ltd. (605555.SH) resumes trading near the daily limit, closing at 15.16 yuan at midday, with a total market value of 7.34B yuan. According to the news, in an after-hours announcement yesterday, Dechang Co., Ltd. said its controlling shareholder and actual controller, due to the involvement of multiple matters, were unable to reach an agreement on the key terms, and decided to terminate the major event of partially transferring the company shares held by them. This matter may lead to a change in the company’s actual controller. From a valuation perspective, as of April 2, 2026, the company’s price-to-earnings ratio is 28.40x, higher than the industry’s central level, indicating that the market has expectations for growth.

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