Swancor Advanced Materials (SH:688585) Shang Hai Zheng Quan Bao·2025-07-30 11:37Core Viewpoint - The company, Shangwei New Materials Technology Co., Ltd. (stock code: 688585), announced a temporary suspension of trading due to significant fluctuations in its stock price, which has deviated from its fundamental performance, potentially exposing investors to market risks [1][5]. Group 1: Stock Trading and Suspension - The company's stock will be suspended from trading starting July 31, 2025, for a period not exceeding three trading days [1]. - On July 30, 2025, the stock price increased by over 15% during the trading session, closing with a gain of 9.37% at 92.07 yuan per share [2][5]. Group 2: Recent Performance and Milestones - Shangwei New Materials previously achieved a record of 10 consecutive days of a 20% daily limit increase, with a cumulative increase of 1027% year-to-date, making it the first "tenfold stock" of the year [5]. - On July 8, 2025, the company announced that Zhiyuan Robotics plans to acquire control of the company through a shareholding platform established with the core team, marking a significant potential acquisition in the A-share market [5].