广州禾信仪器股份有限公司股票交易异常波动公告

Core Viewpoint - Guangzhou Hexin Instrument Co., Ltd. (referred to as "Hexin Instrument" or "the company") experienced a significant stock price fluctuation, with a cumulative closing price increase of 30% over three consecutive trading days, triggering abnormal trading conditions as per Shanghai Stock Exchange regulations [2][6]. Group 1: Stock Trading Abnormalities - The company's stock price increased by a cumulative 30% over three trading days (November 21, 24, and 25, 2025), indicating abnormal trading activity [2][6]. - The company confirmed that, apart from disclosed information regarding ongoing asset acquisition and fundraising, there are no undisclosed significant matters affecting the stock price [2][7]. Group 2: Financial Performance - As of September 30, 2025, the company reported a revenue of RMB 70.54 million, a decrease of 52.81% compared to the same period last year, and a net loss attributable to shareholders of RMB -36.20 million [3][7]. - The company’s net profit after deducting non-recurring gains and losses was RMB -39.75 million, indicating financial distress [3][7]. Group 3: Industry Context - The target of the company's ongoing asset acquisition, Shanghai Liangxi Technology Co., Ltd., specializes in ultra-low temperature and weak signal measurement equipment, primarily serving domestic universities and research institutions [3]. - The industry is still in the early stages of development, with future growth heavily reliant on policy implementation and industrialization efforts, which are subject to various external factors [3]. Group 4: Market Valuation - As of November 25, 2025, the company's closing price was RMB 125.96 per share, with a latest price-to-earnings ratio of -192.99 and a rolling P/E ratio of -147.84, contrasting sharply with the industry average of 38.71 [4][13]. - The company's stock price has risen significantly more than most peers and major indices, accumulating potential profit-taking risks [4][13].