On the evening of March 15, Jingtou Development Co., Ltd. (Stock Code: 600683) issued a prompt announcement on major asset sales, announcing that it plans to transfer all assets and liabilities related to its real estate development business to its controlling shareholder, Beijing Infrastructure Investment Co., Ltd. (hereinafter referred to as “Jingtou Company”). After the transaction is completed, the company will completely withdraw from the real estate development field.
After the announcement was released, Jingtou Development’s stock price hit the daily limit at the opening on March 16. Previously, within three trading days on March 11, March 12, and March 13, Jingtou Development’s stock price had risen significantly. From the…