Zhitong Finance App News, Ai Precision (603580.SH) issued an announcement. There is a risk that the company's stock will fall after a large short-term increase. On March 20, 2024, the company's stock closed at a high and low price. From March 5 to 20, the company's stock price rose 213.86%. The increase deviated greatly from the Shanghai Composite Index and plastics industry during the same period. The company's latest rolling price-earnings ratio was -1899.41 (mainly due to losses in the fourth quarter of 2022), and the latest net market ratio was 8.79 (the index was significantly higher than 1.95 in the same industry). The cumulative turnover rate was 135%. There is a situation where market sentiment is overheated, and there may be irrational hype. Investors are requested to be aware of trading risks.
Currently, the company's main business has not changed. The main business is R&D, production and sales of lightweight conveyor belts, and does not involve hot market concepts such as robots. Film companies for solar cell packaging are still in the early R&D stage, and there is great uncertainty about whether they can successfully develop and start production in the future, and there is no impact on the company's performance in the short term. Recently, the company's stock price has increased significantly, and there may be a risk of irrational speculation. Investors are kindly requested to pay attention to screening, rational judgment, and investment risks.