Swancor Advanced Materials (SH:688585) Mei Ri Jing Ji Xin Wen·2025-08-06 02:21Core Viewpoint - The stock price of Aowei New Materials experienced significant volatility, with a drop of 16.73% at the opening on August 6, later stabilizing at a decline of 12.22%, reflecting ongoing concerns about abnormal trading behavior and market manipulation [2][3] Group 1: Stock Performance and Market Reaction - Aowei New Materials' stock price surged by 1320.05% from July 9 to August 5, leading to multiple warnings from the Shanghai Stock Exchange regarding abnormal trading conditions [2] - On August 5, after a suspension for review, the stock hit a "20CM" limit-up, closing at a price above 110 yuan, with a total market capitalization reaching 446 billion yuan [4] - The stock's rapid rise made Aowei New Materials the fastest "10-fold stock" in A-share history, achieving this milestone in just 16 days [4] Group 2: Company Background and Business Operations - Aowei New Materials is a major supplier of environmentally friendly corrosion-resistant resins, with business operations in high-performance corrosion-resistant materials, wind turbine blade materials, new composite materials, and circular economy materials [4] - Since its listing in 2020, the company's financial performance has been unstable, and its stock was previously considered a low-profile player in the chemical industry [4] Group 3: Recent Corporate Developments - On July 8, Aowei New Materials announced that Zhiyuan Robotics acquired at least 63.62% of the company's shares through a combination of agreement transfer and tender offer, marking a significant change in control [4][5] - This acquisition is viewed as a landmark case for new productive forces in the A-share market and the first acquisition case for embodied intelligence companies on the Sci-Tech Innovation Board [5]