Mankun Technology: Abnormal Stock Trading Fluctuations, P/E Ratio Deviates from Industry Average
Mankun Technology announced that the cumulative deviation of the company's stock closing price over three consecutive trading days reached 30%, constituting an abnormal fluctuation in stock trading. As of September 15, 2026, the company's closing price was RMB 61.90 per share, with a rolling P/E ratio of 86.25 times, higher than the rolling P/E ratio of 45.31 times for its industry, indicating excessive market sentiment. Upon verification, the company's operations are normal. For the first half of 2026, revenue was RMB 942 million, up 24.03% year-on-year; net profit attributable to the parent company was RMB 43.9812 million, down 30.46% year-on-year. The company's convertible bond issuance has received registration approval from the CSRC, but subsequent issuance remains uncertain; on September 8, 2026, it repurchased 96,400 shares for the first time, accounting for 0.0651% of total share capital, with a total transaction amount of RMB 4.0915 million. Neither the company, its controlling shareholder, nor its actual controller has any undisclosed material matters that should be disclosed. During the abnormal fluctuation period, the controlling shareholder and actual controller did not buy or sell the company's stock. Investors are advised to be aware of investment risks.
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