Core Viewpoint - The announcement from Cambrian Technology highlights significant stock price volatility and provides a cautious revenue forecast for 2025, indicating potential risks for investors due to the disconnect between stock price and fundamental performance [2][4][10]. Group 1: Risk Warning - Cambrian Technology's stock price increased by 133.86% from July 28 to August 28, significantly outpacing most peers and major indices, suggesting a risk of detachment from current fundamentals [4][9]. - The company warns that investors may face substantial risks when participating in trading due to this price surge [4][9]. Group 2: Revenue Guidance - The company projects a revenue range of 5 billion to 7 billion yuan for the year 2025, which is a preliminary estimate and does not constitute a firm commitment to investors [4][10]. Group 3: Product Development - Cambrian Technology has no plans for new product releases, and recent online information regarding new products is deemed misleading [5][11]. Group 4: Supply Chain Stability Risks - The company operates under a Fabless model, and the high specialization and technical barriers in the integrated circuit industry, along with being listed on the "entity list," pose risks to supply chain stability, potentially impacting operational performance [7][12]. Group 5: Stock Performance - On August 28, Cambrian Technology's stock closed at 1587.91 yuan, marking a 15.73% increase for the day and surpassing Kweichow Moutai to become the new "king of A-shares" [15]. - The company reported a staggering 4347.82% year-on-year increase in revenue for the first half of the year, reaching 2.881 billion yuan, with a net profit of 1.038 billion yuan [15].

【导读】 寒武纪发布风险提示公告 ，东芯股份停牌核查 中国基金报记者 泰勒 大家好，股价涨到公司"受不了"，寒武纪刚刚发布公告提示风险，并且给了最新的业绩指引。 一起看看公告说了什么。 寒武纪发布风险提示公告 8月28日晚间，刚刚登上A股"股王"宝座的寒武纪，发布了股票交易风险提示公告。 公告主要有以下内容： 第一，提示风险。 公告称，8月28日收盘价相比7月28日上涨133.86%，公司股价涨幅超过大部分同行业公司股价涨幅且显著高于科创综指、科创 50、上证综指等相关指数涨幅，股票价格存在脱离当前基本面的风险，投资者参与交易可能面临较大风险。 第二，全年业绩指引。 公告显示，预计2025年全年实现营业收入50亿元至70 亿元。公告称，这个数字系公司管理层的初步预测，不构成公司对任何投资 者的实质承诺。 第三，公司未有新产品发布计划。 近期网上传播的关于公司新产品情况的信息，均为误导市场的不实信息。 第四，公司供应链稳定的风险。 公告称，由于集成电路整个行业链是专业化分工且技术门槛较高，加之公司及部分子公司已被列入"实体清单"，将对公司供应链的 稳定造成一定风险，可能对公司经营业绩产生不利影响。 8月28日， ...

东方甄选(01797)再跌超5%，月内仍涨超60%。截至发稿，跌4.04%，报35.64港元，成交额10.48亿港 元。 消息面上，近日市场有传闻称，新东方CEO周成刚或涉关联交易被监管部门立案调查。东方甄选发布声 明称，关于周成刚的传闻纯属谣言，关于"东方甄选佣金率长期超30%"的说法严重失实，东方甄选售卖 产品确保高品质和高性价比，实际平均佣金率不到20%。此外，新东方创始人俞敏洪于微博表示，新东 方CEO周成刚的澳洲名校探访之旅即将启程，疑再次为周成刚被立案调查的传闻辟谣。 值得注意的是，对于东方甄选8月19日午后突发跳水，中泰国际策略分析师颜招骏当日表示："今日盘后 竞价环节卖一档位一度有大单压盘，不过尾盘量价配合显示有资金逢低吸纳迹象。近日东方甄选的股价 异动更多是受短线资金驱动。当短线资金完成获利目标后集体撤离，就容易引发股价的剧烈波动。尽管 个股可能有反弹，但这种由游资主导的行情往往难以持续。" ...

消息面上，针对市场传闻称新东方CEO周成刚或涉关联交易被监管部门立案调查一事，东方甄选微信公 众号发布辟谣声明表示，关于周成刚老师的传闻纯属谣言，关于"东方甄选佣金率长期超30%"的说法严 重失实，东方甄选售卖产品确保高品质和高性价比，实际平均佣金率不到20%。针对上述谣言，我司已 启动报警和司法流程，对于这样的不法行为，我们将一追到底。另外，19日晚，新东方CEO周成刚也在 个人社交账号发布视频现身辟谣。 另据上海证券报，对于8月19日午后突发跳水，中泰国际策略分析师颜招骏表示："今日盘后竞价环节卖 一档位一度有大单压盘，不过尾盘量价配合显示有资金逢低吸纳迹象。近日东方甄选的股价异动更多是 受短线资金驱动。当短线资金完成获利目标后集体撤离，就容易引发股价的剧烈波动。尽管个股可能有 反弹，但这种由游资主导的行情往往难以持续。" 东方甄选(01797)高开近5%，值得注意的是，该股昨日尾盘上演"过山车"行情，14时50分，东方甄选涨 超23%，随后股价跳水，截至收盘跌幅扩大至20.89%，报34.32港元。截至发稿，涨4.72%，报35.94港 元，成交额1.02亿港元。 ...

Core Viewpoint - The stock of Oriental Selection (01797) experienced significant volatility, initially rising nearly 5% but later closing down 20.89% amid rumors regarding CEO Zhou Chenggang's involvement in regulatory investigations [1] Group 1: Stock Performance - Oriental Selection's stock opened nearly 5% higher and saw a peak increase of over 23% before closing down 20.89% at HKD 34.32 [1] - As of the latest update, the stock is up 4.72% at HKD 35.94, with a trading volume of HKD 102 million [1] Group 2: Rumors and Company Response - The company issued a statement refuting rumors about CEO Zhou Chenggang being under investigation for related party transactions, labeling them as false [1] - The claim regarding Oriental Selection's commission rate being over 30% was also denied, with the actual average commission rate reported to be below 20% [1] - The company has initiated legal action against the spread of these rumors [1] Group 3: Market Analysis - Analyst Yan Zhaojun from Zhongtai International noted that the stock's price fluctuations were driven by short-term capital, with significant selling pressure observed during the afternoon session on August 19 [1] - The analyst indicated that while there may be potential for a rebound, such market movements led by speculative funds are often not sustainable [1]

转自：新华财经 寒武纪8月14日晚间的股价异动公告称，公司股票交易连续三个交易日内（2025年8月12日、8月13日、8 月14日）收盘价格涨幅偏离值累计达到30%，股价短期涨幅较大。最近一个月，公司股价累计涨幅超过 大部分同行业公司股价涨幅且显著高于科创综指、科创50、上证综指等相关指数涨幅，公司股价持续上 涨积累了较多的获利调整风险。特别提醒广大投资者注意二级市场交易风险，理性决策，审慎投资。 截至8月14日，公司收盘价为949.00元／股。根据中证指数有限公司发布的数据，公司最新滚动市盈率 为3058.57，市净率为68.12倍。而公司所处的软件和信息技术服务业最新滚动市盈率为75.15，市净率为 5.07倍，公司滚动市盈率、市净率显著高于行业水平。 公司自查，并向公司控股股东、实际控制人发函 查证，截至公告披露日，确认不存在关于公司的应披露而未披露的重大事项。公司目前经营正常，未发 生重大变化。 编辑：王媛媛 公告称，公司近期关注到网上传播的关于公司在某厂商预定大量载板订单、收入预测、新产品情况、送 样及潜在客户、供应链等相关信息，均为误导市场的不实信息。请投资者理性决策，注意投资风险。 寒武纪近几日 ...

Core Viewpoint - Company refutes recent market rumors regarding large orders and revenue forecasts, urging investors to make rational decisions [2][3] Group 1: Company Response - On August 14, the company issued a statement addressing market rumors about significant orders and financial forecasts, labeling them as misleading information [2] - The company confirmed that it has not disclosed any major undisclosed matters and that its operations are normal [3] Group 2: Stock Performance - Following rumors on August 12, the company's stock surged, hitting a daily limit increase of 20%, and closed at a record high of 949.00 CNY per share on August 14 [2][3] - The stock has seen a cumulative increase over the past month that outpaces most peers in the industry and major indices [3] Group 3: Financial Metrics - As of August 14, the company's rolling price-to-earnings (P/E) ratio was 3058.57, and the price-to-book (P/B) ratio was 68.12, significantly higher than the industry averages of 75.15 and 5.07, respectively [3]

Core Viewpoint - The company, Cambrian (688256), has issued a statement to refute recent market rumors regarding significant orders and revenue forecasts, urging investors to make rational decisions and be cautious of investment risks [2][5]. Group 1: Rumors and Market Reactions - On August 12, market rumors suggested that Cambrian had increased its procurement of substrates and wafers, leading to a significant stock price surge, with a "20cm" limit up on that day [2]. - Following the rumors, Cambrian's stock price experienced a small increase of 1.31% on August 13, and on August 14, it surged again, reaching a peak of 985 CNY per share, just shy of the 1000 CNY mark [3][5]. Group 2: Financial Metrics and Comparisons - As of August 14, Cambrian's stock price closed at 949.00 CNY per share, with a rolling price-to-earnings (P/E) ratio of 3058.57 and a price-to-book (P/B) ratio of 68.12, significantly higher than the industry averages of 75.15 for P/E and 5.07 for P/B [5]. - The company noted that its stock price had increased more than that of most peers in the industry and was significantly above the growth rates of relevant indices such as the Sci-Tech Innovation Board Composite Index and the Shanghai Composite Index [5].

8月14日，A股市场再度迎来投资风险提示。长城军工连续10个交易日内股价涨幅偏离值累计超过100%，公司发布严重异常波动公告。该股自7月31日至8月 13日期间表现异常活跃，引发监管层关注。与此同时，多家上市公司也相继发布风险提示公告，提醒投资者理性参与交易。 作者：观察君 多家公司集中发布投资风险警示 除长城军工外，吉视传媒也在同期发布异动公告。该公司股票在8月7日至8月13日期间连续5个交易日涨停，累计涨幅较大。公司澄清称，经自查不涉及"国 资云"相关业务，也不参与投资目前上映的影片。 针对投资者关注的电影《731》投资情况，吉视传媒表示公司出资比例极低。该投资预计对公司业绩几乎不构成重大影响，后续进展存在不确定性。这一澄 清旨在纠正市场对公司业务范围的误解。 创新医疗同样发布风险提示，该公司连续三个交易日收盘价格涨幅偏离值累计超过20%。公司持有博灵脑机40%股权，但强调博灵脑机产品尚未正式上市， 仅因与科研机构合作而销售少量产品。2023年和2024年，博灵脑机分别亏损660.17万元和866.41万元。 华康洁净则因董事长被采取留置措施发布公告。公司收到控股股东、实际控制人、董事长谭平涛家属通知，谭 ...

Core Viewpoint - Jihua Group has been investigated by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws, while the company continues to operate normally during the investigation period [3]. Group 1: Regulatory Issues - On August 8, 2025, Jihua Group received a notice of investigation from the CSRC due to suspected information disclosure violations [3]. - The company had previously been criticized by the Shanghai Stock Exchange in November 2024 for failing to disclose relevant borrowing matters in a timely manner [5]. - The company did not resolve borrowing issues before the equity transfer and failed to disclose related transactions involving its controlling shareholder [7]. Group 2: Financial Performance - Jihua Group's revenue has been declining, dropping from 15.436 billion yuan in 2022 to 9.886 billion yuan in 2024 [9]. - The company reported a significant net loss of 4.228 billion yuan in 2024, a year-on-year decrease of 2418.90% [9]. - The losses were attributed to impairment provisions for ineffective assets, inventory losses due to market changes, and devaluation of collateral assets [9]. Group 3: Stock Performance - Despite the financial struggles, Jihua Group's stock price has surged, reaching a limit-up price of 5.28 yuan per share on August 8, with a total market capitalization of 23.19 billion yuan [10]. - The stock price increased by 106.64% from a low of 2.39 yuan per share in April 2025 [10]. - The company has not engaged in brain-computer interface-related fields, which was mentioned in response to the stock price surge [10].