ST华鹏: 山东华鹏股票交易风险提示公告

Core Viewpoint - The stock of Shandong Huapeng Glass Co., Ltd. has experienced significant price increases, with consecutive trading days of price limits, prompting the company to issue a risk warning to investors regarding market trading risks [1][2]. Group 1: Market Trading Risks - The company's stock reached price limits on August 15, 18, 19, 20, and again on August 22, 2025, indicating a substantial short-term price increase [1]. - The latest price-to-book ratio is 55.75, which is significantly higher than the industry average, raising concerns about potential overvaluation [1]. Group 2: Operational Risks - The net profit attributable to shareholders is projected to be between -52 million and -70 million, indicating operational losses [2]. - There have been no significant changes in the company's main business, operational conditions, or operating environment compared to previous disclosures [2]. Group 3: Other Risk Warnings - The company has faced continuous net losses over the last three accounting years, leading to uncertainty regarding its ability to continue as a going concern, which has resulted in additional risk warnings since April 23, 2025 [2]. - As of the announcement date, there are no undisclosed significant matters related to major asset restructuring, share issuance, or other significant transactions [2].