COL(SZ:300364) Zheng Quan Shi Bao Wang·2026-01-14 10:57Group 1 - The core viewpoint of the article highlights that Zhongwen Online (300364) has issued a stock trading risk warning due to significant price fluctuations on January 14, 2026 [1] - Since January 5, 2026, the company's stock price has increased by 53.9%, which is notably higher than the growth of the ChiNext Composite Index and the industry during the same period, indicating a potential risk of price correction [1] - The company is currently in a critical investment phase for its new overseas short drama business, where related costs cannot be fully covered by revenue in the short term, potentially impacting the company's performance in 2025 [1] Group 2 - The company clarifies that its main business does not involve GEO, addressing recent market concerns [1]