On the afternoon of September 18, Shen Gu Group suddenly rose violently. At one point, the intraday increase rose by more than 297%. The stock price reached a maximum of 82.59 yuan/share. The daily turnover rate was over 80%, and the turnover was close to 4 billion yuan. In the intraday, Shen Gu Group triggered a suspension for the second time. Some market analysts pointed out that the stock price of Shen Gu Group was “bombarded” after listing, as a result of a combination of factors such as extremely low issuance prices, extremely small circulation, resonance with scarce themes, and changes in market capital styles.

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