Xuguang Electronics said its shares experienced severe abnormal trading volatility after a sharp run-up.
According to Jin10, the company announced that from June 10, 2026, to June 24, 2026, its stock’s cumulative closing-price deviation exceeded 100% over 10 consecutive trading days, meeting the criteria for severe abnormal volatility. The company said its share price rose a total of 102.76% over the period.
Xuguang Electronics reported that its price-to-earnings ratio was 266.04 and its price-to-book ratio was 22.67, both significantly higher than industry levels. It warned of risks tied to overheated market sentiment and irrational speculation.
The company added that its controllable nuclear fusion-related products had not yet generated revenue. It also said aluminum nitride products accounted for about 5% of revenue and had a limited impact on operating performance.
STOCKS | Xuguang Electronics Flags Severe Share Price Volatility After 102.76% Rise
2026-06-24 21:34:35
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