Hunan Tianyi Science and Technology Co., Ltd announced that the company made less profit compared with the same period last year. The stock of the company reached the upper trading limit for three times on 13, 14 and 15 Aug, because of this, the stock was de-listed for one hour. The abnormal fluctuation was probably caused by the split-share structure reform of the company and two business programs of its subsidiary company Jinyue Mining Co., Ltd.

The second largest shareholder of the company, Great Wall Co., Ltd is considering the purchase of 43.8% of the shares held by the State-owned Assets Regulatory Bureau of Pingjiang County, its largest shareholder. Whether this purchase will be successful is still uncertain. The two programs of Jinyue Mining Co., Ltd, namely, the albite processing program and rice processing program are also uncertain. Some relevant agreements still need further negotiation.