002297SZSE

Announcement on Abnormal Stock Trading Fluctuations

✨ AI Summary

Hunan Boyun New Materials Co., Ltd. announces abnormal stock trading fluctuations due to consecutive days of significant price increases, exceeding 20% cumulatively. The company highlights risks including market overheating, irrational speculation, and potential rapid price declines. Investors are urged to make rational decisions and invest prudently, noting the stock's valuation is significantly higher than the industry average.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_documentSign In to Upgrade

Securities Code: 002297 Securities Abbreviation: Boyun New Materials Serial Number: 2026-021 Hunan Boyun New Materials Co., Ltd. Announcement on Abnormal Stock Trading Fluctuations

The Company and all members of the Board of Directors guarantee the content of the information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.

Special Reminder:

  1. The stock price of Hunan Boyun New Materials Co., Ltd. (hereinafter referred to as "the Company") (Securities Abbreviation: Boyun New Materials; Securities Code: 002297) has experienced a cumulative increase of over 20% in closing prices for three consecutive trading days (April 16, 2026, April 17, 2026, and April 20, 2026). In accordance with the relevant provisions of the "Shenzhen Stock Exchange Stock Listing Rules," this constitutes abnormal stock trading fluctuations. The Company disclosed the "Announcement on Abnormal Stock Trading Fluctuations" in designated media and on the Juchao Information Network on April 15th. Investors are requested to pay attention to investment risks.

  2. As of April 20, 2026, the rolling P/E ratio for the metal products industry (C33) as classified by the China Association of Listed Companies is 43.22. The Company's rolling P/E ratio is 180.31 (data from the official website of Wind Information). The Company's rolling P/E ratio is significantly higher than the industry average. The recent rapid increase in the Company's stock price has significantly deviated from the broader market index, indicating severe market overheating and irrational speculation. There is a risk of a rapid decline in the future. All investors are urged to make rational decisions, invest prudently, and be aware of the risks in the secondary market.

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.

Notes & Comments

Sign in to leave a comment or private note.

Loading…