Announcement on Abnormal Fluctuations in Stock Trading
Special Reminder:
- Zhejiang Titan Co., Ltd. (hereinafter referred to as "the Company") (stock abbreviation: Titan Co., stock code: 003036) has experienced a cumulative closing price increase of over 20% for two consecutive trading days (May 25 and May 26, 2026). According to the relevant provisions of the Shenzhen Stock Exchange Trading Rules, this constitutes an abnormal fluctuation in stock trading. Since April 22, 2026, the company's stock price has triggered abnormal trading fluctuations four times, and investors are advised to pay attention to investment risks.
- As of May 26, 2026, the rolling P/E ratio of the specialized equipment manufacturing industry (C35) to which the company belongs is 50.04 times, while the company's rolling P/E ratio is 247.70 times (data sourced from the official website of China Securities Index Co., Ltd.). The company's rolling P/E ratio is significantly higher than the industry average. The rolling P/E ratios of comparable companies in the same industry (data sourced from the official website of China Securities Index Co., Ltd.) are as follows:
| Company Name | Rolling P/E Ratio |
|--------------|-------------------|
| Cixing Co. | 51.68 times |
| Jinying Co. | 78.75 times |
| Jinggong Tech| 50.04 times |
| Yuejian Smart | 81.14 times |
The company's rolling P/E ratio shows a significant difference compared to its industry peers. Recently, the company's stock price has rapidly increased, significantly deviating from the market index, indicating severe market sentiment overheating and irrational speculation, with a risk of rapid decline in the future. Investors are again urged to make rational decisions, invest cautiously, and pay attention to secondary market trading risks. - The company primarily engages in the research, development, production, and sales of products such as spin