Wanxiang Denong announced that the cumulative deviation value of the company's stock price increase exceeded 20% for 3 consecutive trading days on August 24, 25, and 26, 2026, which is an abnormal fluctuation in stock trading. After verification, the company's production and operation were normal, the controlling shareholders and actual controllers had no important matters that should be disclosed, and the directors, supervisors, controlling shareholders and actual controllers did not trade the company's shares during the period of abnormal fluctuations. As of June 30, 2026, the company's net profit to mother was 13.8016 million yuan, down 44.47% year on year; net profit after deducting non-return to mother was 11.4731 million yuan, down 52.19% year on year. As of the close of trading on August 26, 2026, the company's dynamic price-earnings ratio was 101.12 times and the net price-earnings ratio was 5.37 times. The valuation deviated from fundamentals. The cumulative turnover rate for the past three trading days was 45.24%, and there is a risk that the stock price will fall rapidly.

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