Core Points - The company's stock price experienced an abnormal fluctuation, with a cumulative increase of over 20% in closing price deviation over two consecutive trading days on October 27 and 28, 2025 [1] - Since September 2025, the company's stock price has risen by 123.90%, with a 46.41% increase from October 23 to 28, 2025 [1] - The company's latest price-to-book ratio stands at 4.1 times, significantly higher than that of peer listed companies [1] - The company has reported continuous losses from 2022 to the first half of 2025 [1]

*ST万方10月26日公告，公司股票连续三个交易日（2025年10月22日至2025年10月24日）收盘价格涨幅 累计偏离值为14.57%，根据《深圳证券交易所交易规则》的第5.4.3条规定，ST和*ST主板股票连续三个 交易日内日收盘价涨跌幅偏离值累计达到±12%的属于股票交易异常波动情形。2025年10月10日，公司 大股东万方源收到《执行裁定书》，因万方源所持公司股票90,860,000股两次拍卖均已流拍，九台农商 行向长春中院申请以万方源所持公司股票90,860,000股第二次拍卖所定的保留价接收财产抵偿债务。上 述股票过户完成后，万方源将失去公司第一大股东的身份，不再持有公司股票，公司存在控股股东、实 际控制人发生变更或无实际控制人的风险。 ...

Core Viewpoint - The stock of Pioneer Electronics experienced an abnormal trading fluctuation, with a cumulative decline of over 20% in closing prices over three consecutive trading days from October 22 to 24, 2025 [1] Summary by Relevant Sections - **Company Disclosure** - Pioneer Electronics confirmed that there are no corrections or supplements needed for previously disclosed information [1] - The company did not find any recent media reports that could have significantly impacted its stock price [1] - The company's production and operational conditions remain normal, with no significant changes in the internal or external business environment [1] - The company, its controlling shareholders, and actual controllers have no undisclosed significant matters related to the company [1] - During the period of abnormal stock trading, the controlling shareholders and actual controllers did not engage in buying or selling the company's stock [1] - **Board Confirmation** - The board of directors confirmed that there are no undisclosed matters that should be disclosed according to the Shenzhen Stock Exchange's listing rules, nor any related plans, discussions, intentions, or agreements [1] - The board is not aware of any undisclosed matters that could significantly affect the trading price of the company's stock and its derivatives [1]

Core Viewpoint - The stock of Pioneer Electronics experienced a significant decline, with a cumulative drop of over 20% in closing prices over three consecutive trading days, triggering an abnormal trading fluctuation alert according to Shenzhen Stock Exchange regulations [1] Company Operations - The company confirmed that its production and operational conditions remain normal, with no significant changes in the internal and external business environment [1] - There are no undisclosed significant matters related to the company by the company, its controlling shareholders, or actual controllers [1] Shareholder Activity - During the period of abnormal stock trading fluctuations, the controlling shareholders and actual controllers did not engage in buying or selling the company's stock [1]

Group 1 - The company's stock price experienced an abnormal fluctuation, with a cumulative increase of over 20% on October 22 and 23, 2025 [1] - The company conducted an internal review and found no need for corrections or supplements to previously disclosed information [2] - There were no significant changes in the company's operational situation or external business environment recently [2][4] Group 2 - The company confirmed that there were no undisclosed significant matters related to the company that should have been disclosed according to the Shenzhen Stock Exchange regulations [4] - During the period of stock price fluctuation, the controlling shareholder and actual controller did not engage in buying or selling the company's stock [3] - The company will release its Q3 2025 report on October 25, 2025, detailing its operational and financial performance [5]

Core Viewpoint - The stock of Geer Software Co., Ltd. experienced an abnormal trading fluctuation, with a cumulative closing price increase exceeding 20% over two consecutive trading days on October 23 and 24, 2025 [2][4]. Group 1: Stock Trading Abnormality - The stock price fluctuation is classified as an abnormal trading situation according to the Shanghai Stock Exchange trading rules [2][4]. - The company has confirmed that there are no undisclosed significant information as of the announcement date [2][5]. Group 2: Financial Performance - For the first half of 2025, the company reported an unaudited operating revenue of 115.69 million yuan, a year-on-year decline of 40.16% [2][10]. - The net profit attributable to the parent company was -72.69 million yuan, with a net profit of -79.91 million yuan after deducting non-recurring gains and losses [2][10]. Group 3: Business Operations and Developments - The company’s production and operational activities are currently normal, with no significant changes in the internal and external operating environment or main business [5]. - The company signed a share acquisition intention agreement on July 21, 2025, intending to acquire over 51% of the target company's shares, which will become a subsidiary upon completion [6]. - The company is in the process of conducting due diligence, auditing, and evaluation related to the acquisition [6]. - The company plans to issue shares to specific investors through a simplified procedure, with a total financing amount not exceeding 300 million yuan [7][8]. Group 4: Shareholder Actions - The company disclosed a plan for shareholders to reduce their holdings, with specific executives planning to sell a total of 846,000 shares, representing approximately 0.36% of the total share capital [8].

香农芯创10月24日公告，公司股票连续30个交易日收盘价涨幅偏离值累计超过200%，根据深圳证券交 易所相关规定，属于股票交易严重异常波动的情形。经核实，公司目前主要业务为芯片分销与产品研 发，公司关注到近期市场对于存储芯片涨价报道，公司及子公司目前生产经营情况正常，主营业务未发 生重大变化，基本面未发生重大变化。公司股票价格波动严重异常，股价剔除大盘和板块整体因素后的 实际波动幅度较大，存在市场情绪过热的情形，可能存在非理性炒作，交易风险较大。特别提醒广大投 资者，注意投资风险、理性决策、审慎投资。 ...

Core Viewpoint - Suzhou KeLida Decoration Co., Ltd. experienced abnormal stock price fluctuations, with a cumulative increase of over 12% in closing prices over three consecutive trading days from October 21 to October 23, 2025, prompting regulatory scrutiny [2][5]. Group 1: Stock Price Fluctuation - The company's stock price showed a cumulative increase of over 12% over three consecutive trading days, indicating abnormal trading activity [2][5]. - The Shanghai Stock Exchange's regulations classify this as an abnormal stock trading fluctuation [5]. Group 2: Financial and Operational Status - The company confirmed that its production and operational status remains normal without significant changes [6]. - A self-examination revealed that the controlling shareholder, Suzhou KeLida Group, had previously occupied company funds through third-party suppliers, amounting to 170 million yuan, which has since been repaid along with interest of 4.9034 million yuan [7][8]. Group 3: Risk Factors - The company is under other risk warnings due to negative internal control audit opinions for the fiscal years 2023 and 2024, leading to potential regulatory implications [3][10]. - The company's half-year report for 2025 indicated a revenue of 896.3798 million yuan, a year-on-year decrease of 21.92%, and a net profit attributable to shareholders of 10.0562 million yuan, down 28.19% [11]. - The controlling shareholder and its concerted parties hold 273,670,737 shares, representing 45.92% of the total share capital, with 135,721,000 shares pledged, accounting for 49.59% of their holdings and 22.77% of the total share capital [4][12]. Group 4: Board Statement - The board of directors confirmed that there are no undisclosed matters that should be reported according to the Shanghai Stock Exchange's regulations, ensuring transparency in communications [13].

Core Points - *ST Yuancheng's stock price closed at 1.05 yuan on October 23, 2025, down 4.55% from the previous trading day, with a total market value of 342 million yuan [1] - The company announced severe abnormal fluctuations in stock trading, with a cumulative price drop exceeding 12% over three consecutive trading days from October 21 to 23, 2025 [1] - The stock has been below 500 million yuan in total market value for eight consecutive trading days, indicating a risk of forced delisting due to trading-related issues [1] Financial Performance - The company reported a net loss of 126.795 million yuan for the first half of 2025, continuing a trend of losses over the past three years [1] - There are concerns regarding the company's financial viability, as it faces risks of delisting due to ongoing losses and potential violations of financial reporting standards [1] Regulatory Issues - The company received a notice from the China Securities Regulatory Commission regarding administrative penalties, citing false records in annual reports from 2020 to 2022 and significant false content in private placement documents [1] - The company has not returned some idle raised funds on time, and a high proportion of shares held by the controlling shareholder are pledged and subject to judicial freezing [1] Operational Status - Despite the financial and regulatory challenges, the company stated that its production and operations are currently normal, with no undisclosed significant matters [1]

*ST元成公告，公司股票于2025年10月21日、2025年10月22日、2025年10月23日连续三个交易日内收盘 价格跌幅偏离值累计超过12%，属于《上海证券交易所交易规则》规定的股票交易异常波动情形。同 时，公司股票连续10个交易日内4次出现《上海证券交易所交易规则》规定的同向异常波动情形，属于 《上海证券交易所交易规则》规定的股票交易严重异常波动情形。 ...