Chunguang Technology (603657.SH) announced, April 12 to April 18, 2024, the company's stock price...
Zhitong Finance App News, Chunguang Technology (603657.SH) announced that from April 12 to April 18, 2024, the company's stock price rose and stopped for five consecutive trading days. The cumulative deviation value of the company's stock trading price since April 11, 2024 has reached 62.56%. The stock price has recently increased significantly, and there may be a risk of a sharp decline after a large short-term increase. Furthermore, the company's circulation market is small, and there is a risk of irrational speculation transactions in the secondary market.
According to the announcement, enterprises in the industry belonging to the company are mainly concentrated in the three provinces of Suzhou, Guangdong and Zhejiang. Competition for industry homogenization is intense. As the number of end customer brands increases, competition in the product market gradually intensifies. If customer demand for cost reduction increases further, there is a risk that the sales price of the company's products will drop further, thus adversely affecting the company's business performance.