Core Viewpoint - The stock of Shaanxi Aerospace Power High-Tech Co., Ltd. has experienced a significant abnormal fluctuation, with a cumulative increase of 200% over 30 trading days, indicating potential irrational speculation and risks of a rapid price drop [2][4]. Group 1: Stock Performance - The company's stock price increased by 200.80% from November 20, 2025, to December 31, 2025, which is significantly higher than the industry average and the Shanghai Composite Index [2][10]. - The stock's price deviation from its fundamentals suggests a market sentiment that may be overheated, leading to risks of a quick price correction [2][10]. Group 2: Financial Performance - For the first three quarters of 2025, the company reported a revenue of 509.51 million yuan, a decrease of 14.19% compared to the same period last year [2][11]. - The net profit attributable to shareholders was -109.25 million yuan, indicating a deeper loss compared to the previous year, with a basic earnings per share of -0.17 yuan [2][11]. Group 3: Business Operations - The company does not engage in commercial aerospace activities and has no investments in commercial aerospace assets, with its revenue from processing rocket engine components accounting for less than 2% of total revenue, which is currently in a loss state [2][7]. - The primary business involves the research, production, and sales of pumps and pump systems, as well as hydraulic transmission systems, primarily serving the civil sectors in energy, chemicals, water conservancy, and transportation [2][9]. Group 4: Disclosure and Compliance - As of the announcement date, the company, its controlling shareholders, and actual controllers have no undisclosed matters that should be disclosed [3][6]. - The board of directors confirms that there are no undisclosed significant matters or plans that could impact the company's stock price [12].