Core Viewpoint - Shanghai Xiba's directors and executives are under investigation by the China Securities Regulatory Commission (CSRC) for suspected short-term trading, which is not expected to significantly impact the company's daily operations [2][4]. Group 1: Investigation Details - The CSRC has issued a notice of investigation to employee director Pan Yangyang and vice president Suo Wei for suspected short-term trading [2]. - Short-term trading involves company insiders buying and selling company stocks within a short period, which is considered illegal as it exploits insider information [7]. Group 2: Company Background - Shanghai Xiba, established in 1994 and listed on the Shanghai Stock Exchange in 2017, provides water treatment chemicals and solutions to industrial and commercial clients [7]. - The company is actively developing solid-state battery materials to create a second growth curve [7]. Group 3: Financial Performance - In the first three quarters of 2025, Shanghai Xiba reported revenue of 354 million yuan, a year-on-year decrease of 5.52%, while net profit attributable to shareholders reached 119 million yuan, a year-on-year increase of 146.80% [9]. - The increase in net profit is primarily due to gains from the transfer of equity in ATL, although the non-recurring net profit attributable to shareholders decreased by 29.86% to 31.96 million yuan [9]. Group 4: Stock Performance - As of November 7, 2025, Shanghai Xiba's stock price was 82.16 yuan per share, down 2.83%, with a total market capitalization of 14.4 billion yuan and a price-to-earnings ratio exceeding 100 [10].