Kersen(SH:603626) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-08-23 17:46Core Viewpoint - The company, Kunshan Kosen Technology Co., Ltd., has experienced significant stock price fluctuations that are not aligned with its fundamental business performance, indicating potential risks for investors [2][10]. Group 1: Stock Trading Anomalies - The company's stock price increased by a cumulative 77.24% from August 15 to August 22, 2025, with a notable trading halt on August 20, 2025 [2][10]. - The stock exhibited abnormal trading behavior, with a cumulative price deviation of 20% over three consecutive trading days from August 20 to August 22, 2025 [4][10]. - The trading volume was high, with a turnover rate of 14.89% on August 21 and 34.18% on August 22, leading to an overall turnover rate of 87.82% from August 15 to August 22, 2025 [2][10]. Group 2: Company Operations and Business Model - The company confirmed that its core business remains focused on the production of consumer electronics structural components, with only about 1% of revenue related to components for robots in the first half of 2025 [3][7]. - The company does not manufacture robot products or AI glasses, despite being associated with these concepts in media reports [3][7]. Group 3: Financial Performance - The company reported a net loss of 476.83 million yuan for the fiscal year 2024 and anticipates a net loss between 122 million yuan and 90 million yuan for the first half of 2025 [11]. - The company has not disclosed any significant undisclosed matters or events that could impact its stock price, confirming the stability of its operational environment [6][12].