证券日报网讯 11月24日晚间，中水渔业发布公告称，中水集团远洋股份有限公司（以下简称"公司"） 股票（证券简称：中水渔业；证券代码：000798）于2025年11月14日至11月24日连续7个交易日收盘价 涨幅偏离值已累计超过100%，根据深圳证券交易所股票交易规则的相关规定，属于股票交易严重异常 波动的情形。公司近期股票波动严重异常，可能存在非理性交易行为，交易风险较高，存在股价大幅上 涨后回落的风险。本公司郑重提醒广大投资者，应当切实提高风险意识，防范概念炒作，谨慎决策，注 意投资风险。 （文章来源：证券日报） ...

Core Viewpoint - The stock of Pingtan Development has experienced a significant increase of 255.19% from October 17 to November 17, leading to a suspension of trading for verification due to a serious deviation from the company's fundamentals [1][3]. Stock Performance - The stock price surged dramatically starting from October 23, with a notable increase of over 71% within just nine trading days, from 4.13 CNY to 7.08 CNY [4][5]. - By November 14, the stock reached a closing price of 10.88 CNY, marking a cumulative increase of 193.26% over the month, with a total market capitalization of 210.2 billion CNY [5]. - On November 17, the stock price further climbed to 11.97 CNY, pushing the market capitalization to 231.23 billion CNY [5]. Financial Performance - For the first three quarters of 2025, the company reported a revenue of 1.03 billion CNY, a decrease of 13.04% year-on-year, while the net profit attributable to shareholders was 31.23 million CNY, an increase of 38.39% [6]. - The third quarter alone saw a revenue of approximately 287.34 million CNY, with a net profit of about 16.14 million CNY, reflecting a staggering year-on-year growth of 1970.63% [6]. - The company's gross margin for the first three quarters was 8.26%, down 1.74% year-on-year, while the net margin was 1.29%, a decrease of 2.29% [6]. Market Valuation - As of November 17, the company's rolling price-to-earnings (P/E) ratio was 555.31, and the price-to-book (P/B) ratio was 12.06, significantly higher than the industry averages of 24.42 for P/E and 2.96 for P/B [3][4]. - The company has faced long-term performance challenges, having reported losses in previous years, with a history of fluctuating revenues and net profits [7]. Shareholder Dynamics - As of the end of the third quarter of 2025, the total number of shareholders decreased to 97,900, a decline of 8.18% from the previous half-year, while the average market value per shareholder increased by 26.76% [7].

Core Viewpoint - *ST Dongyi (002713.SZ) has experienced a significant stock price increase of 241.59% from September 26, 2025, to November 13, 2025, following the announcement regarding the selection of restructuring investors and the signing of the restructuring investment agreement, indicating substantial volatility in its stock price [1] Summary by Sections - Stock Price Movement - The stock price of *ST Dongyi increased by 241.59% during the specified period [1] - There were nine instances of abnormal price fluctuations on October 10, 14, 17, 22, 28, November 3, 6, 11, and 13, which significantly deviated from the company's fundamentals [1] - Company Actions - The company will conduct an investigation into the stock trading fluctuations [1] - Following the company's application, the stock will be suspended from trading starting November 14, 2025, until the investigation is completed and relevant announcements are made, with an expected suspension period of no more than three trading days [1]

Core Viewpoint - The stock of HeFu China (603122) has experienced a significant surge, reaching a 10-day cumulative increase of 159.73%, leading to concerns about potential market overheating and irrational speculation [1][3]. Group 1: Stock Performance - HeFu China's stock has achieved a 10-day cumulative increase of 159.73%, with a closing price of 15.77 yuan per share as of November 7, 2025 [1][3]. - The stock has been on a continuous rise, hitting the daily limit price for nine consecutive trading days from October 28 to November 7, 2025 [3][4]. - The stock's price has deviated significantly from its fundamentals, with a cumulative increase of 136.08% noted [3][4]. Group 2: Trading Anomalies - HeFu China has been included in the list of stocks with significant trading anomalies, with the period of concern spanning from November 10 to November 21, 2025 [3]. - The stock has shown abnormal trading behavior, with four instances of directional abnormal fluctuations and two instances of severe abnormal fluctuations within ten trading days [3][4]. - The trading volume has surged, with turnover rates reaching 31.50% and 31.85% on November 6 and 7, respectively, indicating a "hot potato" effect in trading [4]. Group 3: Valuation Concerns - The company's current price-to-earnings ratio is significantly higher than that of its industry peers, suggesting a bubble-like characteristic in its stock price [4]. - The stock's price increase is not aligned with the company's operational performance or industry conditions, raising concerns about overvaluation [4]. - The company has advised investors to be cautious of the high valuation risks and to make rational investment decisions, as the stock price is significantly detached from its fundamentals [4].

Core Viewpoint - The company announced that its stock price experienced an abnormal fluctuation, with a cumulative increase of over 20% over three consecutive trading days, prompting a disclosure regarding its stock trading activities [1] Group 1: Stock Performance - The company's stock price increased by more than 20% over three trading days (October 29, 30, and 31, 2025) [1] - This price movement is classified as an abnormal fluctuation in stock trading [1] Group 2: Shareholding Changes - The controlling shareholder, Hainan Holdings, notified the company in May 2025 of plans to increase its shareholding within the next six months [1] - The planned increase in shareholding is between 100 million RMB and 200 million RMB, representing no more than 2% of the company's total share capital [1] - As of now, the shareholding increase plan has not been fully implemented, and Hainan Holdings and its concerted parties will continue to execute this plan [1]

Group 1 - Jiangbolong announced significant stock price fluctuations, stating that its fundamentals have not changed, with a static P/E ratio of 229.31 times, higher than industry peers [1] - BYD reported a third-quarter net profit of 7.823 billion yuan, a year-on-year decline of 32.6%, with revenue of 194.985 billion yuan, down 3.05% [1] Group 2 - Zijin Mining plans to repurchase and cancel 30,600 restricted shares due to the departure of an incentive target, with the total shares reducing from 26,577,573,940 to 26,577,543,340 [2] Group 3 - Wuliangye's third-quarter revenue was 8.174 billion yuan, down 52.66%, and net profit was 2.019 billion yuan, down 65.62% [3] - Air China intends to issue A-shares to raise no more than 20 billion yuan, with proceeds used for debt repayment and working capital [3] Group 4 - ST Yigou reported a third-quarter net profit of 24.637 million yuan, a decline of 95.78% [4] - Sinopec Capital's third-quarter net profit was 3.997 billion yuan, down 7.95% [5] Group 5 - VisiNova reported a third-quarter net loss of 561 million yuan [6][7] - Chengdu Huamei's third-quarter net profit was 26.8846 million yuan, up 83.21% [8] Group 6 - Longyuan Power's third-quarter net profit was 246 million yuan, down 46.46% [9] - Gaoxin Development's third-quarter net profit was 28.3466 million yuan, down 54.11% [9] Group 7 - China Power's third-quarter net profit was 288 million yuan, up 7.71% [11] - China Shipbuilding Defense's third-quarter net profit was 129 million yuan, up 218.53% [12] Group 8 - Bawei Storage's third-quarter net profit was 256 million yuan, up 563.77% [13] - Luxshare Precision's third-quarter net profit was 4.874 billion yuan, up 32.49% [14] Group 9 - China Electric Power plans to invest approximately 12.167 billion yuan in a pumped storage power station project in Yunnan [15] - Hainan Mining's third-quarter net profit was 31.8287 million yuan, down 77.84% [16] Group 10 - Hunan Silver's third-quarter net profit was 96.3611 million yuan, up 47.51% [18] - Huayin Power's third-quarter net profit was 150 million yuan, up 418.61% [19] Group 11 - Shunfeng Holdings adjusted its share repurchase plan to a total amount of no less than 1.5 billion yuan and no more than 3 billion yuan [23] Group 12 - ST Chenming reported a third-quarter net loss of 2.15 billion yuan, a decline of 191.02% [25] - China Merchants Heavy Industry's third-quarter net profit was 871 million yuan, down 67.52% [102]

Core Viewpoint - The company has announced a significant stock price fluctuation, with a cumulative increase of over 20% in closing prices over three consecutive trading days, indicating abnormal trading activity [1] Group 1: Stock Performance - The company's stock price has experienced a cumulative increase of over 20% in closing prices over three consecutive trading days, which is classified as abnormal trading activity [1] - There have been no significant changes in the company's operational situation or external business environment recently [1] Group 2: Disclosure and Agreements - The company, its controlling shareholder, and actual controllers have no undisclosed significant matters related to the company [1] - On October 21, 2025, the company disclosed a notice regarding the signing of an investment intention letter for a capital increase project with a related party [1] - The investment intention letter serves as a framework for cooperation intentions and basic principles, with further due diligence and evaluation planned for the investment in the hydrogen machine company [1] - There remains uncertainty regarding whether substantial agreements related to the cooperation matters in the investment intention letter will be signed and implemented [1]

Core Viewpoint - *ST Yazhen's stock price has experienced an abnormal fluctuation, with a cumulative increase of 12% over three consecutive trading days, despite facing multiple risks and a warning of delisting [1] Group 1: Company Performance - The company is currently operating normally and has completed the acquisition of a 51% stake in Guangxi Zirconium [1] - For the first half of 2025, the company reported a net profit loss [1] Group 2: Risks and Warnings - The stock has been placed under delisting risk warning, and if the audited indicators for 2025 do not meet the standards, it will face the risk of termination of listing [1] - There is uncertainty regarding the integration and operation with the subsidiary Guangxi Zirconium [1] - The company's rolling price-to-earnings ratio is in a loss position, and its price-to-book ratio is significantly higher than industry standards, indicating potential valuation concerns [1] Group 3: Investor Advisory - The company advises investors to make rational decisions and be aware of investment risks due to the significant short-term stock price volatility [1]

Core Viewpoint - Hangzhou Garden Landscape Co., Ltd. announced an abnormal fluctuation in stock trading, with a cumulative closing price increase of over 20% on September 12 and 15, 2025, indicating unusual market activity [1] Summary by Relevant Categories Stock Performance - The company's stock experienced a significant price increase, with a cumulative rise exceeding 20% over two consecutive trading days [1] Risk Factors - The company highlighted several risks, including uncertainty in refinancing, the small and loss-making scale of its associate company Yunzhin Technology, and a reported operating loss for the first half of 2025 [1] - The dynamic price-to-book ratio is significantly higher than the industry average, suggesting a potential overvaluation risk [1] Company Operations - A self-examination by the company revealed no major changes in daily operations, and no undisclosed significant information was found [1] - During the period of stock fluctuation, there were no stock trading activities by directors, supervisors, senior management, controlling shareholders, or actual controllers [1] Investor Advisory - The company advised investors to make rational investment decisions and to be aware of the associated risks [1]

Core Viewpoint - Hubei Huaron Holdings Co., Ltd. experienced a significant stock price fluctuation, with a cumulative increase of 12% over three consecutive trading days, indicating abnormal volatility [1] Group 1: Stock Performance - The stock price of Hubei Huaron Holdings has shown a cumulative increase of 12% over three trading days, which is classified as abnormal volatility [1] Group 2: Share Transfer Agreement - The controlling shareholder and its concerted parties signed a share transfer agreement with Bocheng Huineng to transfer 25.01% of shares for a consideration of 450.4129 million yuan [1] - The acquisition funds have not yet been secured, leading to uncertainties regarding the transaction [1] - The detailed equity change report has not been prepared, and no financial advisor has been appointed, further adding to the uncertainty of the acquisition [1] Group 3: Financial Performance and Risks - The company reported a negative net profit excluding non-recurring items for 2024, with expectations of continued losses in the first half of 2025 [1] - The stock has been subjected to delisting risk warnings, and if certain conditions are met next year, it may face financial delisting [1] - The company has advised investors to be cautious and to invest rationally [1]