002297SZSE

Announcement on Abnormal Fluctuations in Stock Trading

✨ AI Summary

Hunan Boyun New Materials Co., Ltd. announces abnormal stock trading fluctuations. The stock price has risen by over 20% in three trading days, exceeding the industry average P/E ratio. The company's main products are aircraft brake systems, carbon/carbon composites, and cemented carbide. Risks include market sentiment, irrational speculation, raw material price volatility, and uncertain future growth.

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Securities Code: 002297 Securities Abbreviation: Boyun New Materials Serial Number: 2026-019 Hunan Boyun New Materials Co., Ltd. Announcement on Abnormal Fluctuations in Stock Trading The Company and the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false records, misleading statements, or material omissions.

Special Reminder:

  1. The stock of Hunan Boyun New Materials Co., Ltd. (hereinafter referred to as the "Company") (Securities Abbreviation: Boyun New Materials; Securities Code: 002297) has experienced cumulative price deviation exceeding 20% over three consecutive trading days (April 13, 2026, April 14, 2026, and April 15, 2026). According to the relevant provisions of the "Guangdong Securities Exchange Stock Listing Rules," this constitutes abnormal stock trading fluctuations. As of April 15, 2026, the rolling P/E ratio for the metal products industry (C33) in China's listed companies, as classified by the China Association of Listed Companies, was 41.06. The Company's rolling P/E ratio is 135.46 (data from the official website of China Securities Index Co., Ltd.). The Company's rolling P/E ratio is higher than the industry average. Investors are urged to make rational decisions, invest prudently, and be aware of secondary market trading risks.

  2. The Company is primarily engaged in the research, development, production, and sales of aircraft wheel braking systems and braking materials, aerospace carbon/carbon composite materials, high-performance cemented carbide, and rare metal powder materials. In 2025, the Company's operating revenue was 910 million yuan, of which commercial aerospace product revenue was approximately 2 million yuan. This accounts for a low proportion (less than 1%) of the main business revenue. Furthermore, secondary market trading and valuation are influenced by multiple factors, and the stock price has risen continuously in a short period, posing risks of market overheating and irrational speculation. Investors are particularly reminded to be aware of investment risks, make rational decisions, and invest prudently.

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