Shimao Energy: The short-term increase in the company's stock is relatively large and there is no significant change in the fundamentals.

Shimao Energy announced that the closing prices of the company's stock on August 19, August 20, and August 21 increased by a cumulative deviation of 20% for three consecutive trading days in 2025. On August 22, the company's stock price closed at the limit-up price, with a cumulative increase of approximately 46.43% over four consecutive trading days. The company reminds investors to pay attention to investment risks and invest rationally. In addition, the company achieved operating income of 77.2725 million yuan in the first quarter of 2025, a year-on-year decrease of 16.14%; the non-GAAP net profit was 21.8546 million yuan, a year-on-year decrease of 35.66%. Furthermore, the company's latest P/E ratio is 27.53, P/B ratio is 3.6, significantly higher than the industry average.