Shuangliang Eco-Energy(SH:600481) Jin Rong Jie·2026-02-12 14:46Core Viewpoint - On February 12, 2026, Shuangliang Energy experienced a significant stock price surge after announcing three overseas orders for heat exchangers to be used in the SpaceX Starship launch facility expansion, which raised concerns from the Shanghai Stock Exchange regarding the accuracy and completeness of the information provided [3][4][6]. Group 1: Stock Performance - Shuangliang Energy's stock price increased by 10% to close at 10.71 yuan per share, with a total of 2.17 million shares on the buy limit [2]. - The stock reached its daily limit up shortly after the announcement of the overseas orders [5]. Group 2: Order Details - The company secured three overseas orders for a total of 12 high-efficiency heat exchangers, amounting to approximately 1.3923 million yuan (170,000 euros) [4]. - These orders are set to be delivered as part of a fuel production system for the SpaceX Starship launch facility, indicating a continued partnership with international clients [3][4]. Group 3: Regulatory Response - The Shanghai Stock Exchange issued a regulatory warning to Shuangliang Energy and its responsible personnel due to the misleading nature of the information released, which did not adequately disclose the limited impact of the orders on the company's overall performance [5][6]. - The company clarified that it is not a direct partner with SpaceX but rather an indirect supplier, which was not initially communicated in the announcement [4][6].