Shin Kong Shareholding Co.: The stock price fluctuates abnormally, indicating a high price-earnings ratio and various risks.

Shen Gong announced that the closing price of the company's stock deviated by 30% for three consecutive trading days on November 7th, 10th, and 11th, 2025, indicating abnormal fluctuations. In the third quarter of 2025, the company's revenue was 107.4721 million yuan, an increase of 20.91% year-on-year; net profit was 22.3317 million yuan, a decrease of 1.73% year-on-year. Currently, the company's operations are normal, with no undisclosed major issues to be disclosed. In addition, the shareholder More Lighting, holding more than 5% of the shares, plans to reduce their holdings by up to 3,406,114 shares from November 26th, 2025, to February 25th, 2026. The company reminds that its P/E ratio is higher than the industry average, the stock price may correct, and also warns of risks related to raw materials, demand, industry, etc.