Biwin Storage released a statement addressing unusual fluctuations in its stock price. The company observed that from March 4 to 6, 2026, its stock exhibited a cumulative price deviation exceeding 30% over three consecutive trading days, signaling abnormal volatility. Following a thorough self-assessment, Biwin Storage affirmed that its production and business operations were proceeding normally, with no significant undisclosed information.
Driven by shifts in industry supply and demand dynamics, market prices for storage products witnessed a significant surge in the first quarter of 2026. Nevertheless, product pricing is subject to a multitude of factors, encompassing macroeconomic conditions, industry cycles, and market supply and demand balances. Consequently, the future pricing trajectory remains unpredictable. The company cautions investors to remain vigilant and consider the associated investment risks.
