Zheng Quan Shi Bao·2025-11-17 15:12Core Viewpoint - Two listed companies, Haixia Innovation and Pingtan Development, will suspend trading for verification due to significant stock price fluctuations, with Haixia Innovation's stock price increasing by 185.89% and Pingtan Development's by 255.19% over the specified period [2][4]. Group 1: Haixia Innovation - Haixia Innovation's stock price increased by 185.89% from October 27 to November 17, 2025, prompting a trading suspension for verification [2]. - The stock will be suspended from trading starting November 18, 2025, for a period not exceeding three trading days [2]. - As of November 17, 2025, the stock price reached 18.24 CNY per share, with a total market capitalization of 12.163 billion CNY [4]. Group 2: Pingtan Development - Pingtan Development's stock price rose by 255.19% from October 17 to November 17, 2025, with multiple instances of abnormal trading fluctuations [4]. - The stock will also be suspended from trading starting November 18, 2025, for a period not exceeding three trading days [4]. - As of November 17, 2025, the stock price reached 11.97 CNY per share, with a total market capitalization of 23.123 billion CNY [7]. Group 3: Financial Metrics - As of November 17, 2025, Haixia Innovation's rolling P/E ratio was 555.31, and the P/B ratio was 12.06, significantly higher than the industry averages of 24.42 for P/E and 2.96 for P/B [6]. - The company emphasizes that its main business has not undergone significant changes, and the recent stock price surge may indicate market sentiment overheating and irrational speculation risks [6].