Guosheng Technology: Stock Price Abnormal Fluctuations, Prompting Multiple Operating and Investment Risks.

Guosheng Technology announced that the company's stock price has seen a large short-term increase, rising 206.62% from October 31 to December 11, 2025, and 14.40% from December 11 to December 25. This is considered a serious abnormal fluctuation. The company's price-to-book ratio is 13.51, higher than the industry average of 3.19. The company reported a net loss of 151.04 million yuan in the first three quarters of 2025. The company also faces various risks, including the possibility that the investment in Tieling Global may not achieve the expected returns; the acquisition of 100% equity of Fuyue Technology in Tongling carries risks related to implementation and integration, with an estimated goodwill of about 220 million yuan; the controlling shareholder, Guoneng Energy, has pledged 77.20% of its holdings.