Wolong New Energy Group(SH:600173) Shang Hai Zheng Quan Bao·2025-07-14 20:54Core Viewpoint - The stock price of Wolong New Energy Group Co., Ltd. experienced an abnormal fluctuation, with a cumulative closing price increase of 20% over three consecutive trading days from July 10 to July 14, 2025, which is classified as an abnormal trading situation according to the Shanghai Stock Exchange rules [2][4]. Group 1: Financial Performance - For the fiscal year 2024, the company reported a revenue of 361,061.31 million yuan, a year-on-year decrease of 24.08%, and a net profit attributable to shareholders of 4,086.29 million yuan, down 75.15% [2]. - In the first quarter of 2025, the company achieved a revenue of 110,473.79 million yuan, a year-on-year increase of 97.53%, while the net profit attributable to shareholders was 3,608.63 million yuan, reflecting a year-on-year decrease of 22.22% [2]. Group 2: Market Position - As of July 14, 2025, the company's price-to-earnings (P/E) ratio stood at 173.17 times, significantly higher than the industry average P/E ratio of 26.38 times for the "K70 Real Estate" sector [2][9]. Group 3: Operational Status - The company confirmed that its production and operational activities are normal, with no significant changes in the market environment or industry policies, and no major fluctuations in production costs or sales [5]. - There are no undisclosed significant matters that could affect the company's stock price, and no major events have been identified that could impact trading [6][7].