A-share fluctuation丨Shandong Yulong Gold dropped again by 8%, Shareholder shareholding + litigation arbitration risk.

On February 17, according to Ge Long Hui, Shandong Yulong Gold (601028.SH), which fell more than 6% last Friday, has further declined by 8%, now priced at 11.48 yuan, with a total market value dropping below 9 billion yuan. In terms of news, the company recently announced that the main cases in which it is involved as the applicant for enforcement include the mandatory enforcement case with Rushan Jinshuo Mining Co., Ltd., involving an amount of 0.109 billion yuan. In addition, the company is also facing arbitration cases with Qinao Lianchuang (Zhuhai) Development Co., Ltd. and Dahengqin (Zhuhai) Trade Co., Ltd., with an amount of 0.495 billion yuan applied for arbitration. Furthermore, Shareholder Hainan Hou Ai Technology Co., Ltd. intends to reduce its shareholding in the company by no more than 23.4908 million shares, accounting for no more than 3% of the company's total share capital. (Ge Long Hui)