According to Red Sun's announcement, the cumulative deviation value of the company's stock closing price increase exceeded 20% for two consecutive trading days on November 6 and November 9, 2026, which was an abnormal fluctuation in stock trading, and the time interval between deviation from the previous increase was short. After verification, the company's production and operation were normal, the controlling shareholders and actual controllers had no important matters to be disclosed, and the company's shares were not traded during the change period. The company achieved operating income of 2.82 billion yuan in the first three quarters of 2026, a year-on-year decrease of 6.26%; net profit to mother was 61.5782 million yuan, up 122.68% year on year; net loss after deduction was 889.893 million yuan. The main business was still in a loss state. There is no simple correlation between stock price fluctuations and fundamentals, reminding investors to be aware of risks.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.