Ningbo Construction: Abnormal Stock Price Fluctuations Indicate Trading and Performance Risks

Ningbo Construction announced that the closing price of the company's stock on March 10-12 has deviated by 20% for three consecutive trading days, indicating abnormal fluctuations. The stock price has increased by 50.50% since March 4, with high turnover and significant trading volume in the past two days. The company's latest rolling price-to-earnings ratio and price-to-book ratio are significantly higher than the industry average. In the first three quarters of 2025, the company's revenue was 13.575 billion yuan, a year-on-year decrease of 5.69%; net profit was 182 million yuan, a year-on-year decrease of 16.93%. The company and Zhongjingyun do not engage in hash power leasing business, and Zhongjingyun's low profits have no impact on the company's performance. Investors are reminded to pay attention to trading and performance risks.