002428SZSE
🚨 Material Event

Announcement on Abnormal Fluctuations in Stock Trading

✨ AI Summary

Yunnan Lincang Xinyuan Germanium Industry Co., Ltd. announces abnormal stock trading fluctuations. The company's P/E and P/B ratios significantly exceed industry averages, indicating potential overheating and irrational speculation. Net profit declined in 2025 and Q1 2026, with further details in financial reports. Investors are advised to make rational decisions and be aware of risks.

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Full Translation

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Securities Code: 002428 Securities Abbreviation: Yunnan Germanium Industry Announcement Number: 2026-039

Yunnan Lincang Xinyuan Germanium Industry Co., Ltd. Announcement on Abnormal Fluctuations in Stock Trading

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

Special Reminders:

  1. As of June 15, 2026, the static P/E ratio of the non-ferrous metal smelting and rolling processing industry (C32) to which the Company belongs was 29.54, the trailing P/E ratio was 24.36, and the P/B ratio was 3.05. The Company's static P/E ratio was 3290.24, the trailing P/E ratio was 3478.86, and the P/B ratio was 45.12 (data from the official website of Wind Information Co., Ltd.). The Company's P/E and P/B ratios are significantly higher than the industry average, indicating a risk of market overheating and irrational speculation. The Company solemnly reminds investors to make rational decisions, invest prudently, and be aware of the risks in the secondary market.

  2. In 2025, the net profit attributable to shareholders of the listed company was 20.146 million yuan, a year-on-year decrease of 62.06%. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was -6.8067 million yuan, a year-on-year decrease of 126.02%. In the first quarter of 2026, the net profit attributable to shareholders of the listed company was 9.1071 million yuan, a year-on-year decrease of 10.71%. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 4.8470 million yuan, a year-on-year decrease of 32.14%. Investors are requested to pay close attention to the relevant situation of the Company's performance decline in 2025 and the first quarter of 2026. For a detailed analysis of the reasons for the performance decline, please refer to the "Management Discussion and Analysis" in Chapter 3 of the "2025 Annual Report" and the "Analysis of Changes in Major Accounting Data and Financial Indicators and Reasons" in the "2026 First Quarterly Report." We kindly ask investors to analyze rationally, make prudent decisions, and be aware of investment risks.

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