Fenglong(SZ:002931) Zheng Quan Shi Bao·2026-01-18 19:03Core Viewpoint - Fenglong Co., Ltd. (002931) will resume trading on January 19, 2026, after a significant price surge that has deviated from its fundamental value, indicating potential irrational market speculation [1][2][5]. Group 1: Stock Trading and Price Movement - Fenglong Co., Ltd. experienced a 245% price increase over 13 consecutive trading days from December 17, 2025, to January 13, 2026 [1]. - The company announced that its stock price has significantly diverged from its fundamentals, with a static P/E ratio of 2939.63 and a P/B ratio of 14.21, both substantially higher than industry averages [6]. - The stock was suspended from trading on January 14, 2026, for a review due to the volatility, and the review has now been completed [6]. Group 2: Acquisition and Control Change - The controlling stake of Fenglong Co., Ltd. is set to change hands as it signed a share transfer agreement with UBTECH, which has deposited approximately 100.83 million yuan as a performance guarantee for the acquisition [6]. - The completion of this transaction is subject to various approvals and procedures, including shareholder meetings and compliance reviews, which have not yet been fulfilled, indicating uncertainty in the transaction's completion [6]. Group 3: UBTECH's Developments - UBTECH has signed a service agreement with Airbus, acquiring the latest industrial humanoid robot, Walker S2, for its manufacturing facilities, marking a significant step in expanding the application of humanoid robots in various industrial sectors [8]. - The total order value for UBTECH's humanoid robots exceeded 1.4 billion yuan in 2025, with production capacity expected to reach 10,000 units in 2026 [8]. - The Walker S2 robot features advanced capabilities, including a height of 1.76 meters, fine manipulation abilities, and the first autonomous battery swapping technology, enabling continuous operation [9].