Arcplus(SH:600629) Xin Lang Cai Jing·2025-10-21 12:41Core Viewpoint - The company's stock price has experienced a significant deviation, with a cumulative increase of over 200% in the last thirty trading days, indicating severe abnormal trading fluctuations as per the Shanghai Stock Exchange regulations [1] Financial Performance - For the first half of 2025, the company reported operating revenue of 2.977 billion yuan, a year-on-year decrease of 17.25% [1] - The net profit attributable to shareholders for the same period was 137 million yuan, down 26.84% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 83 million yuan, reflecting a substantial decline of 54.60% year-on-year [1] Contractual Activity - From January to September 2025, the company signed new contracts amounting to 5.47 billion yuan, which represents a year-on-year decrease of 20.59% [1] Market Sentiment - The company noted that its fundamental situation has not changed significantly, but there are signs of overheated market sentiment and irrational speculation, leading to increased trading risks and potential for a rapid decline in stock price [1]