A股突发！刚刚，提示风险了！

Core Viewpoint - Moer Technology has issued a risk warning regarding its performance losses and trading risks following a significant stock price increase. Group 1: Stock Performance and Market Position - The stock price of Moer Technology has surged significantly, outperforming related indices such as the Sci-Tech Innovation Index and the Sci-Tech 50 Index, despite no major changes in the company's fundamentals or undisclosed significant information [4] - On December 11, the stock price reached a peak of 941.08 yuan per share, marking a 28.04% increase, with a total market capitalization of 442.3 billion yuan, just 6.26% away from the 1,000 yuan mark [6] - The static price-to-earnings ratio is negative, and the price-to-sales ratio stands at 1008.84 times, significantly higher than the industry average [5] Group 2: Financial Performance and Risks - For the first nine months of 2025, the company reported a revenue of 785 million yuan and a net loss attributable to shareholders of 724 million yuan. The projected net loss for the full year is estimated to be between 1.168 billion yuan and 730 million yuan [5] - There is a risk of continued losses in the future, with potential slow revenue growth and challenges in achieving profitability within the management's expected timeframe [5] - The company is still in the research phase for new products and architectures, which may take time to reach mass production and generate revenue, posing uncertainties in market competition and customer acquisition [4][5] Group 3: Market Sentiment and Investor Caution - Recent stock price volatility suggests a risk of a downturn following rapid increases, indicating potential market overheating and irrational speculation [5] - Investors are advised to exercise caution and make rational decisions in light of the current market dynamics [5]