ZYD(SH:600610) 21世纪经济报道·2025-05-21 07:54Core Viewpoint - The company Zhongyida (600610.SH) is facing significant stock price volatility and has announced plans to apply for a trading suspension if major anomalies continue, highlighting concerns over the disconnect between its stock price and fundamental performance [1][3]. Group 1: Stock Performance and Market Reaction - From March 10 to May 20, 2025, Zhongyida's stock price increased by 312.90%, despite the company reporting a loss for the fiscal year 2024 and having a price-to-book ratio significantly higher than the industry average [3]. - The company has issued 16 announcements regarding stock trading anomalies or risk warnings since March, consistently stating that its stock price is severely detached from its fundamentals, yet it continues to experience speculative trading [5]. - On May 21, 2025, the stock initially hit the daily limit up but fell sharply after the announcement of a trading suspension, closing at 15.79 CNY per share, down 5.11% [5]. Group 2: Price Influences and Company Insights - The recent surge in the price of dibutyl phthalate, which reached 80,000 CNY per ton (a 300% increase since October 2024), has positively impacted the company's net profit, although the contribution from this product to overall output is minimal [5]. - A company representative indicated that the current stock price is not supported by its fundamentals and attributed the price increase to excessive market speculation rather than any specific company-driven factors [3][5].