China Unicom has recently issued a notice about the unusual fluctuations in its stock trading.
China Unicom said in an announcement that its operation business is normal, there is no undisclosed important information that could induce price fluctuations of its stocks. In the last few trading days, the stock price of China Unicom has always been rising.
By confirming to the controlling shareholders and enquiry to the actual controllers, the company and the controlling shareholders didn’t conceal any important information that could induce the price fluctuations of its stocks, including but not limited to major assets restructuring, issuance of shares, acquisition of listed companies, debt restructuring, business restructuring, major asset stripping, asset injection and other important matters, it also promised that the company wouldn’t plan any of the above issues in the next three months.
The company has noted the recent reports about restructuring of the telecom industry (the merger of China Telecom and China Unicom). After verification to the controlling shareholders of the company, the controlling shareholders and the company had not received any related oral or written information from any relevant government departments; and the controlling shareholders and the company haven’t showed any intention of this kind to any departments or enterprises.