Swancor Advanced Materials (SH:688585) Mei Ri Jing Ji Xin Wen·2025-08-05 23:35Core Viewpoint - The stock of Upwind New Materials (688585) has experienced a dramatic increase of 1320.05% from July 9 to August 5, 2025, leading to multiple warnings from the Shanghai Stock Exchange regarding abnormal trading behavior and potential market manipulation [1][2]. Group 1: Stock Performance - Upwind New Materials' stock price reached 110.48 yuan per share, with a total market capitalization of 44.56 billion yuan, reflecting a year-to-date increase of 1566.62% [2]. - The stock achieved a tenfold increase on July 28, 2025, with a cumulative rise of 1095.81%, and transitioned from a "tenfold stock" to a "fifteenfold stock" in just three trading days [2]. Group 2: Company Background - Upwind New Materials is a major supplier of environmentally friendly corrosion-resistant resins, focusing on high-performance corrosion-resistant materials, wind turbine blade materials, new composite materials, and circular economy materials [4]. - The company went public in 2020 at a price of 2.49 yuan per share, with an initial market capitalization of 1 billion yuan, but its stock performance has been relatively flat since then, despite stable profits around 80 million yuan annually [5]. Group 3: Recent Developments - On July 8, 2025, Upwind New Materials announced that Zhiyuan Robotics acquired at least 63.62% of the company’s shares, gaining control through a combination of agreement transfer and tender offer [5]. - Zhiyuan Robotics, established in 2023, has rapidly completed 13 rounds of financing and has a valuation of approximately 15 billion yuan as of March 24, 2025 [5].