Qianjing Landscape(SH:603778) Shen Zhen Shang Bao·2026-01-14 14:34Core Viewpoint - The stock price of Guosheng Technology has experienced significant volatility, prompting regulatory actions due to abnormal trading behaviors, and the company has acknowledged a substantial divergence between its stock performance and fundamental business metrics [1][3]. Group 1: Stock Performance and Trading Behavior - On January 14, the Shanghai Stock Exchange reported that Guosheng Technology's stock price has been fluctuating significantly, leading to the suspension of trading accounts for certain investors due to abnormal trading activities [1]. - Guosheng Technology announced that from October 31, 2025, to January 14, 2026, its stock had six instances of abnormal price fluctuations and one instance of severe abnormal fluctuations, with a cumulative increase of 511.92% during this period [3]. - The stock was suspended on January 7 due to concerns over market sentiment and irrational speculation, but resumed trading on January 12, only to hit the daily price limit again on the same day [3]. Group 2: Company Financials and Business Operations - Guosheng Technology specializes in the research, production, and sales of large-sized high-efficiency heterojunction photovoltaic cells, with its main products including photovoltaic modules and EPC services for solar power plants [5]. - The company is currently in a loss-making state, with its stock price increase significantly diverging from its operational performance [5]. - For the fiscal year 2025, Guosheng Technology expects a net profit attributable to shareholders to be negative, indicating a projected loss [5]. - In the first three quarters of 2025, the company reported revenues of 450 million yuan, a year-on-year decrease of 57.8%, and a net loss of approximately 151 million yuan attributable to shareholders [5].