Wuliangban Guosheng Technology: Stock price has significantly deviated from fundamentals with a cumulative increase, and there is a risk of irrational speculation.

Guosheng Technology announced tonight that the company's stock price has closed at the limit price for 5 consecutive trading days from November 10th to 14th, 2025, with a cumulative increase of 60.98%, significantly higher than the industry and the Shanghai Stock Exchange Index during the same period, and significantly deviating from the company's fundamentals, indicating a risk of rapid decline. The company's price-to-book ratio is higher than the industry average, and the net profit for the first three quarters of 2025 is negative. In addition, there are risks in the company's external investment projects, risks of economic benefits not meeting expectations, risks of projects not being operational yet, and liquidity risks. The proportion of pledged shares of the controlling shareholder of the company is relatively high, investors should pay attention to investment risks.