Core Viewpoint - The stock of Changzhou Tenglong Automotive Parts Co., Ltd. has experienced significant price fluctuations, with a cumulative increase of 52.07% over five trading days, raising concerns about market overheating and the need for cautious investment decisions [1][7]. Group 1: Stock Trading Anomalies - The company's stock price deviated significantly, with a cumulative increase exceeding 20% over three consecutive trading days on August 15, 18, and 19, 2025, indicating abnormal trading activity [1]. - The average turnover rate during this period was 19.11%, significantly higher than the usual turnover rate, suggesting heightened market sentiment [1][7]. Group 2: Business Operations - The company operates in two main business segments: automotive thermal management system components and energy-saving environmental components for automotive engines, supplying products for traditional, hybrid, and electric vehicles [2]. - In the first quarter of 2025, the company reported revenue of 863.93 million yuan, a year-on-year increase of 0.66%, while net profit attributable to shareholders decreased by 20.12% to 45.28 million yuan [2]. Group 3: Major Events and Information Verification - The company confirmed that there are no undisclosed significant events affecting stock trading anomalies, including major asset restructuring or business collaborations [3][6]. - The company has verified that its major shareholders and management did not engage in stock trading during the period of abnormal price fluctuations [6][9]. Group 4: Market Trends and Product Development - The company noted increased market interest in liquid cooling for data centers and energy storage, with minor product sales related to these applications, contributing approximately 0.2% to total revenue [4].

Core Viewpoint - The stock of Changzhou Tenglong Automotive Parts Co., Ltd. has experienced significant price fluctuations, with a cumulative increase of 52.07% over five trading days, leading to a warning about potential market risks [2][10]. Group 1: Stock Trading Anomalies - The company's stock price deviated significantly, with a cumulative increase exceeding 20% over three consecutive trading days on August 15, 18, and 19, 2025, indicating abnormal trading activity [2][4]. - The average turnover rate during this period was 19.11%, which is significantly higher than the usual turnover rate, suggesting overheated market sentiment [2][10]. Group 2: Company Operations - The company operates in two main business segments: automotive thermal management system components and energy-saving environmental protection components for automotive engines, supplying products for traditional, hybrid, and electric vehicles [5]. - As of the first quarter of 2025, the company reported revenue of 863.93 million yuan, a year-on-year increase of 0.66%, while net profit attributable to shareholders was 45.28 million yuan, a decrease of 20.12% compared to the previous year [5]. Group 3: Major Events and Information Disclosure - The company confirmed that there are no undisclosed significant events affecting stock trading, including major asset restructuring or other significant corporate actions [6][12]. - The company has noted recent market interest in liquid cooling for data centers and energy storage, with minor sales in related products amounting to approximately 0.8 million yuan and 0.97 million yuan, respectively, which have a minimal impact on overall revenue [8]. Group 4: Shareholder Information - As of the announcement date, the controlling shareholder, Tenglong Technology Group Co., Ltd., has pledged 103.36 million shares, representing 52.52% of their total holdings and 21.06% of the company's total share capital, indicating a high pledge ratio [11].