A-Zenith(SH:603389) Mei Ri Jing Ji Xin Wen·2025-07-23 08:02Group 1 - The core viewpoint of the article highlights the absurdity of *ST Yazhen's stock price surge despite its poor fundamentals, driven by speculative trading and a change in control [1][2][3] - *ST Yazhen's stock price has experienced significant volatility, with a recent surge leading to a cumulative increase of 435.97% since April's low [2] - The company has been under regulatory scrutiny due to abnormal trading behaviors that mislead investors, resulting in trading suspensions [2][3] Group 2 - The new controlling shareholder's entry has created speculation about potential asset injections and business transformations, which has attracted retail investors [1] - Despite the stock price increase, *ST Yazhen's financial performance remains weak, with a projected loss of 33 to 39.5 million in the first half of 2025 and a negative net profit in 2024 [2] - The company's current price-to-earnings ratio is negative, while its price-to-book ratio stands at 24.34, significantly higher than the average in the furniture manufacturing industry [2]