Fenglong(SZ:002931) Guo Ji Jin Rong Bao·2025-12-30 13:09Group 1 - The core point of the news is that Fenglong Co., Ltd. has experienced significant stock price fluctuations, with a cumulative increase of 46.44% over four consecutive trading days, leading to concerns about potential speculative risks and a disconnect from the company's fundamentals [1] - Fenglong Co., Ltd. announced that its main business remains focused on the research, production, and sales of garden machinery parts, automotive parts, and hydraulic components, with no significant changes reported [2] - The company is undergoing a change in control, with UBTECH Robotics planning to acquire 43% of Fenglong's shares through a combination of agreement transfer and tender offer [1][2] Group 2 - As of December 30, 2025, Fenglong's stock closed at 28.82 yuan per share, with a static price-to-earnings ratio of 1371.10 and a price-to-book ratio of 6.63, significantly higher than the industry averages of 39.34 and 3.66, respectively [1] - UBTECH has no immediate plans to change Fenglong's main business or to undertake significant asset restructuring within the next 12 months, indicating stability in the company's operations post-acquisition [2] - UBTECH's chairman, Zhou Jian, has committed not to sell his personal holdings of 70.57 million H-shares for 12 months, reinforcing confidence in the company's stability [3]