On November 16, Gelonghui Co., Ltd. (603388.SH) announced a risk warning announcement for stock trading. On November 16, 2023, the company's stock price closed with an increase and a stop price, with a cumulative turnover rate of 81.98% for three consecutive trading days. Given the large short-term increase in the company's stock price, which has clearly deviated from the growth rate of the Shanghai Composite Index, there may be a risk of irrational speculation.

According to the relevant valuation data of China Securities Index Co., Ltd., as of the close of trading on November 16, 2023, the latest static price-earnings ratio of the E construction industry to which the company belongs is 7.48 times, the company's latest price-earnings ratio is a loss, the net market ratio of the industry is 0.70 times, and the company's latest net market ratio is 2.54 times. The company's current production and operation activities are normal, there have been no major adjustments in the market environment or industry policies, no major fluctuations in production costs and sales, etc., and the internal production and operation order is normal.