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Jindan Technology: PLA New Material Project Still in Trial Run, No Orders Received
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On September 21, Jin10 reported that Jindan Technology (金丹科技) issued an announcement regarding abnormal stock trading. The company's stock price saw cumulative gains exceeding 30% over three consecutive trading days (September 17, 18, and 21, 2026), triggering an anomaly alert under Shenzhen Stock Exchange rules. The company clarified that its main business remains the production and sale of lactic acid and its series products. Its annual 75,000-ton polylactic acid (PLA) biodegradable new material project is still in the trial operation phase. The company stated that the timeline for project commissioning and capacity release remains uncertain, and it has not yet received any orders related to polylactic acid. Jindan Technology urged investors to invest rationally and be aware of investment risks.
Source report
September 21, 2026 – Jindan Technology (金丹科技) has issued an announcement regarding unusual stock price fluctuations. The company’s shares saw cumulative closing price gains exceeding 30% over three consecutive trading days—September 17, September 18, and September 21, 2026.
According to the Shenzhen Stock Exchange Trading Rules and related regulations, this constitutes a case of abnormal stock trading volatility.
The company currently operates primarily in the production and sales of lactic acid and its related product series. Its new project—an annual production capacity of 75,000 tons of polylactic acid (PLA) biodegradable new materials—is still in the trial operation phase. The timeline for project commissioning and capacity release remains uncertain. Furthermore, the company has not yet received any orders related to polylactic acid.
Jindan Technology advises investors to make rational investment decisions and be mindful of potential risks.
Source
金十数据Neutral / independent
Part of this Story
Jindan Technology stock surges 30% in three days; firm says no PLA orders received