Koal(SH:603232) Zhi Tong Cai Jing·2025-11-18 11:39Core Points - The stock of Geer Software (603232.SH) experienced a cumulative price increase of 75.58% from October 23, 2025, to November 18, 2025, triggering three instances of abnormal price fluctuations [1] - The company’s stock price rose significantly on November 17 and 18, 2025, with a cumulative closing price increase deviation exceeding 20% over these two trading days [1] - Recent breakthroughs in quantum computing technology have heightened market interest in quantum-resistant cryptography, although the company's quantum-resistant products are still in the standardization and pilot application phase, indicating a distance from large-scale commercialization [1] - The company conducted a self-inspection and confirmed with its controlling shareholder and actual controller that there is no undisclosed significant information as of the date of this announcement [1]