Announcement on Severe Abnormal Fluctuations in Stock Trading
Securities Code: 300461
Securities Abbreviation: Tianzhong Precision Machinery
Announcement Number: 2026-006
Zhejiang Tianzhong Precision Machinery Co., Ltd. announces the following:
Special Reminder:
- For the first three quarters of 2025, the company's operating revenue was 145.48 million yuan, a year-on-year decrease of 24.46%. The company's main business and fundamentals have not undergone significant changes. However, based on the latest closing price, the company's rolling price-to-sales ratio has exceeded 28 times, significantly higher than the industry average. The stock price has increased by 201.42% since January 1, 2026, indicating a substantial short-term increase and potential risk of price correction. Investors are advised to be aware of secondary market trading risks, make rational decisions, and invest cautiously.
- On February 6, 2026, the company disclosed an announcement regarding a major lawsuit, where eight creditors of the former subsidiary Shenzhen Youfu Intelligent Equipment Co., Ltd. filed a lawsuit against the company, involving an amount of 108,322,221.90 yuan. This lawsuit may have a certain impact on the company's current or future profits.
1. Specific Circumstances of Severe Abnormal Fluctuations in Stock Trading
Zhejiang Tianzhong Precision Machinery Co., Ltd. (hereinafter referred to as "the Company") has experienced a cumulative closing price deviation exceeding 200% over twenty-nine consecutive trading days (from January 8, 2026, to February 25, 2026). According to relevant regulations of the Shenzhen Stock Exchange, this constitutes a severe abnormal fluctuation in stock trading.