On the afternoon of July 6, Primarius Technologies hit the daily limit, surging by 20%, following a cumulative decline of 7.67% over the previous three trading days. The abnormal stock price movement primarily stemmed from the China Securities Regulatory Commission's (CSRC) registration approval for the company's major asset restructuring on June 29. Meanwhile, the company has recently seen high financing purchase volumes, won intellectual property awards, and achieved significant growth in relevant business revenues in the first three quarters.
