Company Overview - Shandong Molong (00568) experienced a significant decline in both A-shares and H-shares, with A-shares hitting the daily limit down and H-shares dropping by 14.51% to HKD 4.3, with a trading volume of HKD 703 million [1] Market Context - The company has not identified any undisclosed significant information that could impact its stock trading price, and there have been no major changes in its production and operational environment recently [1] - The deep earth economy has recently become a market focus, with Shandong Molong's main products including oil drilling machinery recording five consecutive trading limit increases [1] Industry Outlook - The Ministry of Natural Resources has indicated that during the 14th Five-Year Plan period, efforts will be made to seize the standardization high ground in emerging and future industries such as deep sea and deep earth [1] - The global deep earth economy is projected to exceed USD 25 trillion by 2030, while the domestic market for deep earth-related industries is expected to surpass RMB 5 trillion between 2026 and 2030, with an initial commercialization growth rate of 40% [1]

Core Viewpoint - Shandong Molong's stock has seen a significant increase of over 20% in the past three days, with a recent transfer of shares from the Shenzhen-Hong Kong Stock Connect to the Shanghai-Hong Kong Stock Connect, indicating a strategic shift in shareholder investment [1] Group 1: Stock Performance - On October 23, Shandong Molong's shareholders transferred shares worth HKD 88.1644 million, accounting for 7.28% of the company's market capitalization [1] - The stock price has surged more than 20% in the last three days, reflecting strong market interest and potential investor confidence [1] Group 2: Company Announcements - The company's board confirmed that there are no undisclosed matters that should be reported according to the Shenzhen Stock Exchange listing rules, ensuring transparency in its operations [1] - The board also stated that there are no significant undisclosed events that could impact the trading price of the company's stock and its derivatives [1] - Previous disclosures by the company do not require any corrections or supplements, indicating compliance with regulatory requirements [1]

Core Viewpoint - Shandong Molong's stock has seen a significant increase of over 20% in the past three days, with a recent transfer of shares from the Shenzhen-Hong Kong Stock Connect to the Shanghai-Hong Kong Stock Connect, amounting to a market value of HKD 88.1644 million, representing 7.28% of the total shares [1] Group 1 - On October 23, Shandong Molong's shareholders transferred shares worth HKD 88.1644 million from the Shenzhen-Hong Kong Stock Connect to the Shanghai-Hong Kong Stock Connect, accounting for 7.28% of the total shares [1] - The company’s stock price has surged over 20% in the last three days [1] - The board of directors confirmed that there are no undisclosed matters or plans that require disclosure under the Shenzhen Stock Exchange listing rules [1] Group 2 - The board has not been made aware of any undisclosed information that could significantly impact the trading price of the company's stock and its derivatives [1] - There are no corrections or supplements needed for previously disclosed information [1]

Group 1 - The deep earth economy is emerging as a new economic growth engine, focusing on the development of deep earth resources and related industries, including exploration, underground space construction, core equipment manufacturing, and technical services [2][3] - The Ministry of Natural Resources has indicated plans to accelerate the standardization of emerging industries in deep sea and deep earth, leading to increased market activity and investment interest [1][2] - The deep earth economy is projected to reach a market size of over 5 trillion yuan in China between 2026 and 2030, with an initial commercialization growth rate of 40% [2] Group 2 - Several companies in the A-share market are actively responding to the strategic opportunities presented by the deep earth economy, with firms like Yipuli and Surveying and Mapping Co. expressing their commitment to developing technologies related to deep earth resource exploration [3] - China Communications Construction Company is leading a consortium focused on deep underground space utilization, achieving significant advancements in geological exploration and construction technologies [4] - Some companies, such as Construction Industry, Chujian New Materials, and Baotailong, have clarified that they are not involved in deep earth economy-related businesses [4] Group 3 - The deep earth economy sector is characterized by varying competitive landscapes across its value chain, with high market concentration in upstream equipment manufacturing due to technical barriers, moderate concentration in midstream development, and low concentration in downstream application services [3] - The exploration of deep earth resources has significant potential, with China's deep and ultra-deep oil and gas resources estimated at 671 million tons of oil equivalent, representing about 34% of the country's total oil and gas resources [2] - Recent breakthroughs in deep earth exploration, such as the drilling of the Deep Earth Sichuan Well, have marked significant progress in the field, indicating the potential for further advancements in energy exploration [2]

证券代码：002490 证券简称：山东墨龙 公告编号：2025-061 山东墨龙石油机械股份有限公司 2、公司未发现近期公共传媒报道了可能或已经对公司股票交易价格产生较 大影响的未公开重大信息； 3、近期公司生产经营情况及内外部经营环境未发生重大变化或预计将要发 生重大变化； 4、公司、控股股东和实际控制人不存在关于本公司的应披露而未披露的重 大事项；公司控股股东、实际控制人在股票异常波动期间不存在买卖公司股票的 情形。 股票交易异常波动公告 三、是否存在应披露而未披露信息的说明 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、股票交易异常波动的情况介绍 山东墨龙石油机械股份有限公司（以下简称"公司"或"本公司"）股票（证 券简称：山东墨龙，证券代码：002490）连续两个交易日（2025 年 10 月 22 日、 2025 年 10 月 23 日）收盘价涨幅偏离值累计超过 20%，根据《深圳证券交易所 交易规则》的规定，属于股票交易异常波动的情况。 二、公司关注及核实情况说明 针对公司股票交易异常波动，公司董事会通过问询等方式，对公司控股股东、 实际控制 ...

Core Viewpoint - Shandong Molong announced that its stock (002490) experienced an abnormal fluctuation with a cumulative closing price increase deviation exceeding 20% over two consecutive trading days on October 22 and 23, 2025 [1] Summary by Relevant Sections - **Stock Performance** - The stock price of Shandong Molong showed a significant increase, with a cumulative deviation exceeding 20% over two trading days [1] - **Company Verification** - The company confirmed that there is no need to correct or supplement previously disclosed information, and no undisclosed significant information was found in media reports [1] - **Operational Status** - There are no major changes in the company's production operations or external environment [1] - **Insider Trading** - The controlling shareholder and actual controller have no undisclosed significant matters or stock trading activities that need to be reported [1] - **Investor Advisory** - The company advises investors to refer to designated media for information and to invest rationally while being aware of risks [1]

Core Viewpoint - Shandong Molong (002490) experienced a significant stock price fluctuation, with a cumulative closing price increase exceeding 20% over two consecutive trading days, indicating abnormal trading activity [1] Summary by Relevant Sections - **Stock Price Movement** - The company's A-share stock price rose significantly, with a cumulative increase of over 20% on October 22 and October 23, 2025, which is classified as abnormal trading activity according to Shenzhen Stock Exchange regulations [1] - **Company Disclosure** - The board of directors confirmed that there are no undisclosed matters that should be reported according to the Shenzhen Stock Exchange listing rules, nor are there any ongoing discussions, intentions, or agreements related to this stock price movement [1] - The board also stated that they are not aware of any information that should be disclosed that could significantly impact the trading price of the company's stock and its derivatives [1] - There are no corrections or supplements needed for previously disclosed information [1]

Core Viewpoint - Shandong Molong (00568) experienced a significant stock price fluctuation, with a cumulative closing price increase exceeding 20% over two consecutive trading days (October 22 and October 23, 2025) [1] Company Information - The company's board confirmed that there are no undisclosed matters that should be reported according to the Shenzhen Stock Exchange's listing rules [1] - The board also stated that it is not aware of any information that should be disclosed which could significantly impact the trading price of the company's stock and its derivatives [1] - There are no corrections or supplements needed for previously disclosed information [1]

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Core Viewpoint - Shandong Molong has experienced significant stock price increases, with a total rise of 51.95% over the past five trading days, indicating strong market interest and potential investment opportunities [2] Trading Performance - The stock recorded four trading halts within five days, showcasing high volatility and investor engagement [2] - As of 9:33 AM, the stock's trading volume reached 61.87 million shares, with a transaction value of 554 million yuan, resulting in a turnover rate of 11.42% [2] - The total market capitalization of the stock is currently 5.071 billion yuan [2] Market Activity - The stock has appeared on the Dragon and Tiger List twice due to significant price deviations and turnover rates, indicating heightened trading activity [2] - Institutional investors have net sold 1.2586 million yuan, while the Shenzhen Stock Connect recorded a net purchase of 18.9516 million yuan, reflecting mixed institutional sentiment [2] - Overall, brokerage seats have net bought 30.7813 million yuan, suggesting some bullish sentiment among retail investors [2] Historical Performance Data - The stock's daily performance over the past few days shows fluctuations in both price and turnover rates, with notable net inflows and outflows of capital [2] - Specific daily changes include: - October 22: +9.95% with a turnover rate of 27.63% and a net outflow of 81.2275 million yuan - October 21: +9.94% with a turnover rate of 22.23% and a net inflow of 94.8968 million yuan - October 20: +3.83% with a turnover rate of 30.78% and a net outflow of 41.9005 million yuan [2]