预亏3亿元却喜提5板？

Core Viewpoint - Hangzhou Cable Co., Ltd. (杭电股份) has clarified that its main business remains unchanged despite being categorized as a "fiber optic" concept stock by some media outlets. The company has experienced significant stock price fluctuations, raising concerns about potential speculative trading risks [1][3]. Group 1: Stock Performance - From January 30 to February 6, 2026, Hangzhou Cable's stock price hit the daily limit up on five out of six trading days, with a cumulative increase of 66.79%, significantly outperforming peers in the industry [1]. - The trading volume surged on February 5 and 6, with turnover rates of 29.43% and 18.02%, indicating heightened trading activity and associated risks [1]. Group 2: Business Operations - The company reported that its daily production and operational conditions are normal, with no significant changes in the internal or external business environment [3]. - Hangzhou Cable's main business includes power distribution, optical communication, and electronic information materials, with optical communication expected to generate approximately 330 million yuan in revenue for 2024, accounting for only 3.73% of total audited revenue [3]. Group 3: Financial Performance - The company disclosed an anticipated net loss of around 300 million yuan for the fiscal year 2025, primarily due to impairment provisions for fixed assets at its wholly-owned subsidiary, Hangzhou Yongte Information Technology Co., Ltd., amounting to 264.486 million yuan [4]. - The decline in net profit is also attributed to rising raw material costs, which have negatively impacted the gross profit margin [4]. Group 4: Market Capitalization - As of February 6, the stock closed at 13.71 yuan, with a total market capitalization of 9.5 billion yuan [5].