Group 1 - Several companies, including Lian Micro, Huasoft Technology, KMTQ, and Hongdou Co., experienced a limit down in their stock prices [1] - Other companies such as Dazhong Public Utilities, Taimushi, Hangzhou Electric, Fulongma, and Qingshan Paper also saw declines exceeding 7% [1]

证券代码：603686 证券简称：福龙马 公告编号：2025-061 福龙马集团股份有限公司 股票交易异常波动公告 ●福龙马集团股份有限公司（以下简称"公司"或"本 公司"）股票（股票代码：603686）于2025年9月24日、25 日、26日连续三个交易日收盘价格跌幅偏离值累计超过20%。 根据《上海证券交易所交易规则》的有关规定，属于股票交 易异常波动。 ●经公司自查并向控股股东及实际控制人核实，截至本 公告披露日，确认不存在应披露而未披露的重大信息。 ●敬请广大投资者注意二级市场交易风险，理性决策， 审慎投资。 一、股票交易异常波动的具体情况 公司股票连续三个交易日（2025年9月24日、25日、26 日）内收盘价格跌幅偏离值累计超过20%，根据《上海证券交 易所交易规则》的有关规定，属于股票交易异常波动。 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承 担个别及连带责任。 （一）生产经营情况 经公司自查，目前公司日常经营情况未发生重大变化， 内部生产经营秩序正常，无其他应披露而未披露的重大信 息。 （二）重大事项情况 经公司自查， ...

Group 1 - The core point of the article is that Fulongma Group's stock experienced an abnormal trading fluctuation, with a cumulative closing price drop exceeding 20% over three consecutive trading days from September 24 to 26, 2025 [1] - The company conducted a self-examination and confirmed with its controlling shareholder and actual controller that there is no undisclosed significant information as of the announcement date [1]

Group 1 - High-profile stocks experienced significant declines in the afternoon session, with notable stocks such as Lianang Microelectronics (605358), Huasoft Technology (002453), Kaimete Gas (002549), and Hongdou Co. (600400) hitting the daily limit down [1] - Other companies like Dazhong Public Utilities (600635), Hangzhou Electric (603618), Fulongma (603686), and Qingshan Paper (600103) saw declines exceeding 7% [1]

Group 1 - High-profile stocks experienced significant declines in the afternoon, with companies such as Lianang Micro, Huasoft Technology, Kaimete Gas, and Hongdou Co. hitting the daily limit down [1] - Other companies like Dazhong Public Utilities, Taimushi, Hangzhou Electric, Fulongma, and Qingshan Paper also saw declines exceeding 7% [1]

Group 1 - The waste classification concept declined by 1.43%, ranking among the top declines in the concept sector, with stocks like Fulongma hitting the limit down [1] - Among the stocks in the waste classification sector, 15 stocks saw price increases, with Huazi Technology, GreenMe, and Zhongchuang Environmental rising by 8.58%, 2.90%, and 2.87% respectively [1][5] - The main funds in the waste classification sector experienced a net outflow of 895 million yuan, with 66 stocks seeing net outflows, and Fulongma leading with a net outflow of 393 million yuan [2][5] Group 2 - The top gainers in the waste classification sector included GreenMe, Huazi Technology, and Huahong Technology, with net inflows of 198 million yuan, 54.65 million yuan, and 21.02 million yuan respectively [2][5] - The stocks with the largest net outflows included Beihua Co., Chuanrun Co., and Qidi Environment, with net outflows of 137 million yuan, 112 million yuan, and 101 million yuan respectively [2][5] - The trading volume for Fulongma was notably high, with a turnover rate of 33.98% and a price drop of 10% [2][5]

Core Viewpoint - Fulongma (603686) experienced a significant drop in stock price, reaching the daily limit down, with a turnover rate of 33.98% and a trading volume of 3.565 billion yuan, indicating high volatility and selling pressure [2] Group 1: Stock Performance - The stock was listed on the Shanghai Stock Exchange's watch list due to a daily turnover rate of 33.98% and a daily decline of 9.99% [2] - The stock has appeared on the watch list 8 times in the past six months, with an average price drop of 0.97% the day after being listed and an average decline of 6.85% over the following five days [2] Group 2: Trading Activity - The top five trading departments accounted for a total transaction volume of 524 million yuan, with buying amounting to 217 million yuan and selling at 307 million yuan, resulting in a net sell of 90.425 million yuan [2] - The largest buying department was Guosheng Securities, which purchased 50.5298 million yuan, while the largest selling department was Guotai Junan Securities, which sold 73.5495 million yuan [3] Group 3: Financial Performance - For the first half of the year, the company reported a revenue of 2.423 billion yuan, a year-on-year decrease of 1.55%, and a net profit of 93.7405 million yuan, down 0.93% year-on-year [3]

Core Insights - The environmental governance sector experienced a decline of 0.69% on September 25, with Wandes leading the drop [1] - The Shanghai Composite Index closed at 3853.3, down 0.01%, while the Shenzhen Component Index rose by 0.67% to 13445.9 [1] Environmental Governance Sector Performance - Notable gainers included: - Xianglong Electric (600769) with a closing price of 12.27, up 10.04% on a trading volume of 237,800 shares [1] - Feima International (002210) at 4.41, up 9.98% with a volume of 4,859,000 shares [1] - Feinan Resources (301500) at 17.08, up 5.69% with a volume of 225,400 shares [1] - Significant losers included: - Wandes (688178) at 29.30, down 11.85% with a volume of 41,100 shares [2] - Fulongma (603686) at 24.39, down 10.00% with a volume of 1,411,800 shares [2] - Zhonglan Environmental (300854) at 21.06, down 9.11% with a volume of 145,500 shares [2] Capital Flow Analysis - The environmental governance sector saw a net outflow of 59.01 million yuan from institutional investors and 72.22 million yuan from speculative funds, while retail investors had a net inflow of 131 million yuan [2] - Key stocks with significant capital flow included: - Feima International (002210) with a net inflow of 56.9 million yuan from institutional investors [3] - Huicheng Environmental (300779) with a net inflow of 99.62 million yuan [3] - Xianglong Electric (600769) with a net inflow of 40.47 million yuan [3]

Group 1 - The stock of Fulongma (603686) experienced a decline of 3.11% with a turnover rate of 39.08% and a trading volume of 4.289 billion yuan, indicating significant market activity [2][3] - The stock was listed on the Shanghai Stock Exchange's "龙虎榜" due to its high turnover rate, with a net selling amount of 87.5386 million yuan from brokerage seats [2][3] - The top five brokerage seats accounted for a total trading volume of 693 million yuan, with buying amounting to 303 million yuan and selling amounting to 390 million yuan, resulting in a net selling of 87.5386 million yuan [2][3] Group 2 - Over the past six months, the stock has appeared on the "龙虎榜" seven times, with an average price increase of 0.54% the day after being listed and an average decline of 2.75% in the following five days [3] - The stock saw a net outflow of 316 million yuan in principal funds today, with a significant outflow of 182 million yuan from large orders and 134 million yuan from major orders [3] - The company's semi-annual report released on August 23 indicated that it achieved a revenue of 2.423 billion yuan in the first half of the year, a year-on-year decrease of 1.55%, and a net profit of 93.7405 million yuan, down 0.93% year-on-year [3]

Core Viewpoint - Fulongma (603686.SH) experienced a significant price drop after four consecutive days of trading at the upper limit, indicating market volatility and investor caution regarding the company's future performance [1] Company Overview - Fulongma primarily engages in the research, production, and sales of intelligent sanitation equipment and environmental industry ecological operation services [1] - The company's urban service robots are still in the early stages of development, with current usage mainly limited to internal sanitation service projects and very low external sales proportion [1] Business Performance - There has been no significant change in the company's products, main business, or operating model [1] - The company has issued a reminder to investors regarding potential operational performance risks [1] Shareholder Activity - The former chairman of the supervisory board, Shen Jiaqing, has reduced his holdings by 199,600 shares, representing 0.0480% of the company's total share capital, and this reduction plan has been completed [1]