5倍“大牛股”，停牌核查！

Core Viewpoint - Guosheng Technology (603778) has suspended trading for verification due to its stock price rising significantly, with a cumulative increase of 370.2% from October 31, 2025, to January 6, 2026, which deviates from its fundamentals, indicating potential market overheating and irrational speculation risks [2][4]. Company Overview - Guosheng Technology's stock will be suspended from trading starting January 7, 2026, for a period not exceeding three trading days, with plans to resume trading after disclosing the verification announcement [3][4]. - The company's current price-to-book ratio is 17.47, significantly higher than the industry average of 3.22, suggesting a bubble in its stock price [4]. Financial Performance - The company reported a net loss of 1.51 billion yuan for the first three quarters of 2025, with a net profit attributable to shareholders of -1.52 billion yuan after excluding non-recurring gains and losses [6]. - Guosheng Technology's total revenue for the first three quarters of 2025 was 4.50 million yuan, a decrease of 57.79% year-on-year [7]. Investment Activities - The company is pursuing an investment of 230 million yuan in a solid-state battery manufacturing project through its subsidiary, which carries liquidity risks and uncertainties regarding expected returns [8]. - Guosheng Technology is also in the process of acquiring 100% of the shares of Tongling Fuyue Technology Co., Ltd. for 241 million yuan, but this acquisition faces uncertainties and potential changes during implementation [8]. Market Position - As of January 6, 2026, Guosheng Technology's stock price was 21.30 yuan per share, with a total market capitalization of 13.986 billion yuan [9].