Gelonghui, March 19 | Ai Precision (603580.SH) announced abnormal stock trading fluctuations. On March 19, 2024, the company's stock closed at a rising and closing price. The company's stock price rose and stopped for 11 consecutive trading days from March 5 to 19. 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 -1726.50 (mainly due to losses in the fourth quarter of 2022). The latest net market ratio is 7.99 (the indicator is significantly higher than 1.91 in the same industry), and the cumulative turnover rate is 127%. In a situation where market sentiment is overheated, there may be irrational hype.

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.