“股价存在明显泡沫化特征”！上交所出手，对国晟科技部分投资者暂停交易

Core Viewpoint - The stock price of Guosheng Technology (国晟科技) has experienced significant volatility, prompting the Shanghai Stock Exchange to implement self-regulatory measures against certain investors for abnormal trading behaviors [1][2]. Group 1: Stock Performance and Market Behavior - Guosheng Technology's stock has shown abnormal fluctuations, with a cumulative increase of 511.92% from October 31, 2025, to January 14, 2026 [2][3]. - The stock price has deviated significantly from the company's fundamentals, indicating risks of market sentiment overheating and irrational speculation [2][3]. - The stock's closing price has deviated by more than 20% over three consecutive trading days from January 12 to January 14, 2026 [2]. Group 2: Financial Performance - For the first three quarters of 2025, the net profit attributable to shareholders was -151.05 million yuan, with a net profit of -151.71 million yuan after excluding non-recurring gains and losses [3]. - The company expects to report a negative net profit for the entire year of 2025, indicating a loss in operational performance [3]. Group 3: Shareholder and Acquisition Information - The controlling shareholder has pledged 79.87% of their shares, which accounts for 13.17% of the company's total share capital [3]. - The company is in the process of acquiring 100% of Tongling Fuyue Technology Co., Ltd. for 240.6 million yuan, but the payment conditions have not yet been met, and the acquisition loan is still under approval [3][4]. - The completion of the acquisition is subject to uncertainties, including potential changes during the implementation process and risks related to the integration of the target company's business and technology [4].