4连板春光科技：公司流通盘较小 存在二级市场非理性炒作交易风险

Core Viewpoint - The stock of Chunguang Technology (603657.SH) experienced abnormal trading fluctuations, with a cumulative price increase deviation exceeding 20% over two consecutive trading days on May 8 and May 9, 2025 [1] Group 1: Stock Performance - As of May 9, 2025, the stock turnover rate reached 17.06%, and the cumulative turnover rate from April 30 to May 9, 2025, was 33.60% [1] - The company has a relatively small external circulation, with the controlling shareholder, actual controller, and concerted actors holding a total of 90,978,100 shares, accounting for 66.68% of the total share capital [1] Group 2: Market Conditions - The company's fundamentals have not changed, indicating a potential risk of irrational market speculation [1]