Achieved 7 consecutive limit-ups! Yunnan Energy Investment Holdings states that if the stock price continues to rise in the future, it may apply for a trading halt for investigation.

Beijing Business Daily (Reporter Ma Huanchang, Li Jiaxue) reported that on the evening of March 1, Yunnan Energy Holdings (001896) announced that if the company’s stock price continues to rise further, it may apply to the Shenzhen Stock Exchange for a trading suspension for investigation.

Market data shows that during the seven trading days from February 11 to 27, Yunnan Energy Holdings hit the daily limit up seven times in a row, with the stock price increasing by a total of 94.74% within that period. As of the close on February 27, the stock price reached the daily limit-up price of 13.34 yuan per share, with a total market value of 20.35 billion yuan.

Yunnan Energy Holdings stated that the closing prices on February 25, 26, and 27 increased by more than 20% cumulatively over three consecutive trading days; at the same time, from February 9 to 27, the company’s stock price experienced nine consecutive trading days with a cumulative deviation of 100.61%. The stock price fluctuations have severely deviated from the market trend and have significantly detached from the company’s fundamentals, indicating serious abnormal volatility in trading. The company’s price-to-earnings ratio and price-to-book ratio differ greatly from industry peers, with signs of excessive market enthusiasm and irrational speculation, posing a risk of rapid decline in the future.