Group 1 - The stock of Fenglong Co., Ltd. (002931) has been suspended for review due to significant price fluctuations, with a price increase of 405.74% over 17 consecutive trading days from December 25, 2025, to January 23, 2026 [1][10] - As of January 23, 2026, the closing price of Fenglong's stock was 99.53 CNY per share, with a static P/E ratio of 4735 and a P/B ratio of 22.89, which are significantly higher than the industry averages of 44.90 and 4.2 respectively [3][12] - The company has stated that its main business remains unchanged, focusing on the research, production, and sales of garden machinery parts, automotive parts, and hydraulic parts [4][13] Group 2 - The Shenzhen Stock Exchange has noted severe abnormal fluctuations in Fenglong's stock price, leading to multiple risk warning announcements and the suspension of trading for review [4][13] - During the period from December 25, 2025, to January 7, 2026, institutional investors bought approximately 44.51 million CNY worth of Fenglong shares, accounting for 54.11% of total purchases, while individual investors accounted for 45.89% [4][13] - In the last three trading days from January 21 to January 23, 2026, two institutional seats were observed selling a total of approximately 260 million CNY worth of Fenglong shares without any buying activity [5][14] Group 3 - Jia Mei Packaging (002969) has also announced a stock suspension for review due to a price increase of 408.11% from December 17, 2025, to January 23, 2026, indicating a significant deviation from its fundamental performance [6][14] - As of January 23, 2026, Jia Mei's static P/E ratio was 132.58 and P/B ratio was 9.61, both significantly higher than the industry averages of 44.61 and 3.24, suggesting potential risks of market overreaction and irrational speculation [8][17] - Jia Mei Packaging is expecting a significant decline in its 2025 annual operating performance, with projected net profits ranging from 85.44 million CNY to 104.42 million CNY, representing a decrease of 53.38% to 43.02% compared to the previous year [8][17]

Core Viewpoint - Two major stocks, Fenglong Co. and Jiamei Packaging, will be suspended for investigation due to significant price fluctuations and potential trading risks [1][7]. Group 1: Fenglong Co. (002931) - Fenglong Co. announced that its stock has experienced a continuous rise, with a price increase of 405.74% over 17 trading days, leading to concerns about trading risks and potential rapid price declines [2][4]. - The stock's closing price as of January 23, 2026, was 99.53 CNY per share, with a static P/E ratio of 4735 and a P/B ratio of 22.89, significantly higher than the industry averages of 44.90 and 4.2 respectively [4]. - The company will suspend trading starting January 26, 2026, for a maximum of 5 trading days to investigate the stock's trading volatility [4]. Group 2: Jiamei Packaging (002969) - Jiamei Packaging's stock price increased by 408.11% from December 17, 2025, to January 23, 2026, prompting a suspension for investigation due to significant deviations from the company's fundamentals [7][9]. - As of January 23, 2026, Jiamei Packaging reported a static P/E ratio of 132.58 and a P/B ratio of 9.61, both of which are substantially higher than the industry averages of 44.61 and 3.24 respectively [9]. - The company anticipates a significant decline in its 2025 annual net profit, estimated between 85.44 million CNY and 104.42 million CNY, representing a decrease of 53.38% to 43.02% compared to the previous year [9].

Group 1: Fenglong Co., Ltd. - Fenglong Co., Ltd. announced a suspension of trading for stock verification starting January 26, 2026, due to significant price fluctuations, with a price increase of 405.74% over 17 consecutive trading days [1][2] - The company reported that its main business remains focused on the research, production, and sales of garden machinery parts, automotive parts, and hydraulic parts, with no significant changes [1] - The stock's recent trading behavior has raised concerns about potential rapid price declines, prompting the company to take measures to protect investor interests [1][4] Group 2: Jiamei Packaging - Jiamei Packaging also announced a trading suspension for verification, marking its second suspension within a month, with a price increase of 408.11% from December 17, 2025, to January 23, 2026 [5][6] - The company expects a significant decline in its 2025 annual operating performance, projecting a net profit of between 85.44 million and 104.42 million, representing a decrease of 43.02% to 53.38% compared to the previous year [6] - Jiamei Packaging's main business remains in the research, design, production, and sales of food and beverage packaging containers, with no major changes in operations or market conditions [5][6]

Group 1 - Fenglong Co., Ltd. announced a stock suspension for investigation due to significant trading fluctuations, effective from January 26, with an expected duration of no more than five trading days [1][7] - The stock experienced a continuous rise, reaching a price increase of 405.74% over 17 trading days from December 25, 2025, to January 23, 2026, raising concerns about trading risks [2][8] - The company confirmed that its main business activities, including the development, production, and sales of garden machinery parts, automotive parts, and hydraulic components, have not undergone significant changes [3][9] Group 2 - Jiamei Packaging also announced a stock suspension for investigation due to a price increase of 408.11% from December 17, 2025, to January 23, 2026, which deviated from the company's fundamentals [4][10] - The company expects a significant decline in operating performance for the fiscal year 2025, indicating a disconnect between current stock price increases and actual business performance [6][12] - Jiamei Packaging's main business remains focused on the research, design, production, and sales of food and beverage packaging containers, with no major changes in operations or market conditions anticipated in the next 12 months [5][13]

Core Viewpoint - Both Fenglong Co. and Jiamei Packaging announced a suspension for stock review due to significant price fluctuations, marking the second suspension within the month for both stocks [1][5]. Group 1: Fenglong Co. - Fenglong Co. experienced a stock price increase of 405.74% from December 25, 2025, to January 23, 2026, with 17 consecutive trading days of price limits [1]. - The company will suspend trading starting January 26, 2026, for a maximum of 5 trading days to conduct a review of the stock's trading fluctuations [1]. - The company's main business remains focused on the research, production, and sales of garden machinery parts, automotive parts, and hydraulic parts, with no significant changes reported [1]. Group 2: Jiamei Packaging - Jiamei Packaging's stock price increased by 408.11% from December 17, 2025, to January 23, 2026, also triggering multiple instances of abnormal trading fluctuations [5][6]. - The company will suspend trading starting January 26, 2026, for a maximum of 5 trading days to review the stock's trading situation [5]. - Jiamei Packaging anticipates a significant decline in its 2025 annual operating performance, projecting a net profit of between 85.44 million and 104.42 million, representing a decrease of 43.02% to 53.38% compared to the previous year [6].

南财智讯1月25日电，锋龙股份公告，公司股票自2026年1月26日起停牌，停牌原因为股票交易异常波动 需进行停牌核查；预计停牌时间不超过5个交易日；投资风险提示：公司股票价格已严重脱离基本面， 静态市盈率4735.09、市净率22.89，显著高于专用设备制造业行业平均水平（静态市盈率44.90、市净率 4.2），存在市场情绪过热、非理性炒作及股价快速下跌风险，敬请投资者理性决策，审慎投资，注意 二级市场交易风险。 ...

证券代码：002931 证券简称：锋龙股份 公告编号：2026-013 浙江锋龙电气股份有限公司 股票交易异常波动风险提示暨停牌核查的公告 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。 特别提示： 1、浙江锋龙电气股份有限公司（以下简称"公司"、"上市公司"、"锋龙股 份"）股票自 2025 年 12 月 25 日至 2026 年 1 月 23 日已连续 17 个交易日涨停， 价格涨幅为 405.74%，期间多次触及股票交易异常波动情形，公司股票短期内价 格涨幅较大，已累积巨大交易风险，明显偏离市场走势，未来可能存在股价快 速下跌的风险。公司已就近期股票交易异常波动情况于 2026 年 1 月 14 日开市起 停牌核查，并于 2026 年 1 月 19 日公告核查结果并复牌。 2、为维护投资者利益，公司将就股票交易波动情况进行停牌核查。经公 司申请，公司股票（证券简称：锋龙股份，证券代码：002931）自 2026 年 1 月 26 日（星期一）开市起停牌，自核查结束并披露核查公告后复牌，预计停牌时 间不超过 5 个交易日。公司提醒广大投资者注意二级市场交易 ...

Core Viewpoint - The stock of Fenglong Co., Ltd. has experienced significant abnormal fluctuations, leading to a suspension of trading and subsequent risk warnings from the Shenzhen Stock Exchange. Following the resumption of trading, the stock has seen consecutive price increases, raising concerns about potential market manipulation and investor behavior [1][2]. Group 1: Stock Performance and Trading Activity - Fenglong Co., Ltd. has achieved an 18-day consecutive price increase since December 17, 2025, with a total rise of 456.34%, reaching a stock price of 99.53 yuan per share and a market capitalization of 21.7 billion yuan as of January 23, 2026 [1]. - The trading volume for Fenglong Co., Ltd. reached a record high of 3.846 billion yuan, indicating heightened investor interest and activity [1]. - The stock was suspended from trading on December 18, 2025, due to a planned change in control, with a subsequent announcement from Yubis selected to acquire approximately 43% of Fenglong's shares [1][2]. Group 2: Corporate Changes and Future Outlook - Following the share transfer, the controlling shareholder of Fenglong Co., Ltd. changed from Chengfeng Investment to Yubis, with the actual controller shifting from Dong Jiangang to Zhou Jian [2]. - The company confirmed that its main business activities, including the research, production, and sales of garden machinery parts, automotive parts, and hydraulic components, remain unchanged [2]. - Yubis has no plans for restructuring or asset reorganization involving Fenglong Co., Ltd. in the next 36 months, nor any asset restructuring plans in the next 12 months [2]. Group 3: Risk Warnings and Regulatory Actions - Fenglong Co., Ltd. has issued warnings regarding the significant price increase of its stock, indicating a potential for rapid price declines and market volatility due to irrational speculation [3]. - The Shenzhen Stock Exchange has taken self-regulatory measures against 326 instances of abnormal trading behavior, including price manipulation and false declarations, highlighting broader market concerns [3].

Core Viewpoint - The stock of Fenglong Co., Ltd. has experienced significant abnormal fluctuations, leading to a suspension of trading and subsequent risk warnings from the Shenzhen Stock Exchange. Following the resumption of trading, the stock has seen consecutive price increases, raising concerns about potential market manipulation and irrational speculation [2][4]. Group 1: Stock Performance and Trading Activity - Fenglong Co., Ltd. has achieved an 18-day consecutive price increase since December 17, 2025, with a total rise of 456.34%, reaching a stock price of 99.53 yuan per share and a market capitalization of 21.7 billion yuan as of January 23 [2]. - The trading volume for Fenglong Co., Ltd. reached a record high of 3.846 billion yuan, indicating heightened investor interest and activity [2]. - The stock was suspended from trading on December 18, 2025, due to a planned change in control, with a subsequent announcement from Youbixuan regarding the acquisition of approximately 43% of Fenglong's shares [2][3]. Group 2: Corporate Changes and Future Outlook - Following the share transfer, the controlling shareholder of Fenglong Co., Ltd. changed from Chengfeng Investment to Youbixuan, with the actual controller shifting from Dong Jiangang to Zhou Jian [3]. - The company confirmed that its main business activities, including the research, production, and sales of garden machinery parts, automotive parts, and hydraulic components, remain unchanged, with no significant plans for restructuring or asset reorganization in the near future [3]. - The company has issued warnings regarding the potential for rapid price declines due to the significant deviation of its stock price from its fundamental value, indicating a risk of market overheating and speculative trading [4].

Group 1: Zhejiang Fenglong Co., Ltd. - The stock of Zhejiang Fenglong Co., Ltd. experienced a dramatic rise, achieving 14 consecutive trading days of limit-up, resulting in a price increase of 279.93% [1][4] - The company's static price-to-earnings ratio soared to 3557 times, significantly higher than the industry average of 43 times, indicating irrational speculation [1][6] - Despite the stock surge, the company reported a loss of over 7 million in 2023 and only a modest profit of 4 million projected for 2024, which does not justify the current stock price [4][6] Group 2: China Great Wall Technology Co., Ltd. - China Great Wall Technology Co., Ltd. announced an expected net loss of 35 million to 70 million for 2025, although this represents a reduction in losses by over 95% compared to the previous year [3][7] - The company attributed its reduced losses to asset sales, increased revenue, and decreased costs, but acknowledged ongoing challenges with asset impairment provisions [3][7] - The market is closely monitoring the results of the company's communication with auditing firms, as discrepancies in reported data could impact stock prices [7] Group 3: Aerospace Electronic Co., Ltd. - Aerospace Electronic Co., Ltd. proposed a significant related-party transaction plan, with a total amount not exceeding 10.72 billion, which is a 15% increase from the previous year's 9.292 billion [3][6] - The majority of the funds will be allocated for product sales, raw material purchases, and operational costs, aimed at ensuring stable supply chains for research and production [6][9] - The company emphasized that these transactions are conducted at market prices or according to national standards, ensuring transparency and reliability [6][9] Group 4: Lio Co., Ltd. - Lio Co., Ltd. faced a significant stock price drop of over 20% in two consecutive days, triggering an abnormal fluctuation alert [4][9] - The company stated that there were no undisclosed issues affecting stock prices and that operations remained normal, with no significant changes in the internal or external environment [4][9] - The company is currently focused on digital marketing and pump products, with ongoing exploration in AI applications, but has not yet achieved scale [7][9]