TREE NEWS reports: Fuda Alloy (603045.SH) fell sharply on Sept 4, touching the daily limit-down before closing at 49.98 yuan, down 9.04%. The company attributed the drop to multiple factors, noting its controlling shareholder’s reduction plan is being executed as previously disclosed. It also said silver, a raw material, is stocked in advance, and price fluctuations could impact inventory and earnings.
Fuda Alloy hits limit-down intraday, company responds
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