Fenglong Group: Stock price experiencing abnormal fluctuations, reminding of trading and operational risks.

date
20/01/2026
Fenglong announced that the company's stock has been continuously hitting the daily trading limit from December 25, 2025 to January 20, 2026 for 14 consecutive trading days, with an increase of 279.93%. The stock price has deviated significantly from its fundamentals, and there is a risk of irrational speculation. It has been suspended for verification and resumed trading. The net profit attributable to the shareholders of the listed company in 2023 and 2024 was -7.04 million yuan and 4.59 million yuan respectively. The change in control transaction still requires multiple procedures and uncertainties exist. The company also warns of operational risks such as market competition, international trade, and the transformation of the electric garden machinery sector.