CHERVON-AUTO(SH:603982) Shang Hai Zheng Quan Bao·2025-06-12 18:29Core Viewpoint - The stock of Nanjing Quanfeng Automotive Precision Technology Co., Ltd. experienced an abnormal trading fluctuation, with a cumulative closing price increase of 20% over two consecutive trading days on June 11 and June 12, 2025, prompting the company to confirm the absence of undisclosed significant information [2][5]. Trading Fluctuation Details - The stock price deviation of 20% over two days is classified as an abnormal trading fluctuation according to the Shanghai Stock Exchange trading rules [2][5]. - The company conducted a self-examination and confirmed that there are no undisclosed significant matters as of the announcement date [6][8]. Operational Performance - In the fiscal year 2024, the company achieved a revenue of 2.303 billion yuan, representing a year-on-year growth of 7.90%, but reported a net loss attributable to shareholders of 517 million yuan [4][12]. - For the first quarter of 2025, the company reported a revenue of 601 million yuan, a year-on-year increase of 19.36%, with a net loss attributable to shareholders of approximately 90.49 million yuan [4][12]. Major Events - On April 14, 2025, the company received a notification from the Shanghai Stock Exchange regarding the acceptance of its application for issuing securities, which is subject to further review and approval [7]. - The company has committed to timely information disclosure in accordance with relevant laws and regulations regarding the issuance of A-shares to specific investors [7]. Risk Considerations - The company has highlighted the potential risks associated with secondary market trading due to the significant price fluctuations observed [3][11]. - The company has also reiterated the importance of investor awareness regarding operational risks, given the reported financial performance [4][12].