CECO(SH:603698) Xin Lang Cai Jing·2025-12-24 19:52Core Viewpoint - The stock of Aerospace Changzheng Chemical Engineering Co., Ltd. has experienced significant price fluctuations, with a cumulative increase of 20% over three consecutive trading days, prompting the company to remind investors to exercise caution and rationality in their investment decisions [2][3]. Group 1: Stock Performance - The company's stock price increased significantly, with a total rise of 80.38% since December 1, 2025, and trading volumes have notably increased, with turnover rates of 8.047%, 12.190%, 14.186%, and 10.646% on December 19, 22, 23, and 24, respectively [4]. - The stock's recent performance has outpaced the average growth of the Shanghai A-share index, indicating a higher volatility risk in the secondary market [2][4]. Group 2: Financial Ratios - The company's latest rolling price-to-earnings (P/E) ratio is 84.53, and the price-to-book (P/B) ratio is 4.80, both significantly higher than the industry averages of 37.37 for P/E and 3.62 for P/B as of December 23, 2025 [5]. Group 3: Business Focus - The company specializes in the research and development of gasification technology and key equipment, as well as engineering design, technical services, and complete equipment supply, primarily applied in the clean and efficient utilization of coal, with clients mainly in the chemical industry [6]. Group 4: Shareholder Actions - The company is currently implementing a share reduction plan, with shareholders planning to reduce their holdings by up to 16,079,700 shares, representing 3% of the total share capital [7][8].