On September 20, GeLongHui reported that the cumulative increase in the stock price of Baoding Tianwei Baobian Electric (600550.SH) since September reached 150.45%, and the turnover ratio reached 118.17%. As of the closing of September 20, 2024, the company's stock price earnings ratio (TTM) was -142.74, the price-to-book ratio was 38.73, much higher than the industry average. The company's stock has seen a significant short-term increase, high turnover rate, and a high price-to-book ratio, which may indicate speculative trading risks.

On September 2, 2024, the company disclosed the 'Announcement of Baoding Tianwei Baobian Electric Co., Ltd. on the Major Matters Planned by the Controlling Shareholder,' stating that the controlling shareholder, China North Industries Group Corporation, is planning to integrate the power transmission and transformation equipment business with China Electric Equipment. This integration may lead to a change in the controlling shareholder of the company, and the specific plan is subject to internal decision-making procedures and regulatory approval. This integration has attracted high attention, and further verification with the China North Industries Group Corporation revealed that it mainly involves the free transfer of some of the company's shares to China Electric Equipment, which may result in a change in the controlling shareholder. Currently, it does not involve the injection of company assets, business restructuring, or major business cooperation. The specific plan is subject to internal decision-making procedures and regulatory approval, which involves uncertainties.