Gelonghui (600807.SH) announced on December 14, Jinan Hi-Tech (), that the company's stock closed for three consecutive trading days on December 11, December 12, and December 13, 2023, and the cumulative price increase deviated by more than 20%, which is an abnormal fluctuation in stock trading. On December 14, 2023, the company's stock rose and stopped again. It has been rising and stopped for three consecutive trading days, with a cumulative increase of large cumulative gains. In view of the recent large fluctuations in the company's stock price, the company's fundamentals have not changed. According to the rolling price-earnings ratio and net market ratio (SEC industry classification) issued by China Securities Index Co., Ltd., the latest rolling price-earnings ratio for the company's industry is 11.79, and the company's latest rolling price-earnings ratio is 16.94, which is higher than the industry average; the latest net market ratio of the company's industry is 0.77, and the company's latest net market ratio is 12.89, which is significantly higher than the industry average.
In the past two years, the company has clarified the core business of life and health, and has focused on the development of in vitro diagnosis and medical device industries, but compared with leading companies in the same industry, the company's main business scale is still small; after deliberation and approval at the 9th interim meeting of the company's 11th board of directors, the company plans to divest the garden business. If the divestment is completed, there is a risk that the company's operating income will decline in the short term.