Gelonghui reported on December 18 that Shanghai Phoenix Enterprise (600679.SH) announced that on December 18, 2024, the company's A-share Stocks closed at the limit-up price, and the company's A-share Stocks have been limit-up for five consecutive Trading days, with a cumulative increase of 61.21%. Given the large short-term fluctuations in the company's A-share Stocks price, but no significant changes in the company's fundamentals, there is a high risk of speculation in the company's stock price. After the company conducted a self-examination and verified with the company's controlling Shareholder and actual controller, as of the date of this announcement, there are no material matters that should have been disclosed but were not disclosed.