Mankun Technology: Abnormal Stock Trading Fluctuations, P/E Ratio Deviates from Industry Average

Mankun Technology announced that the company's stock closing price deviation over two consecutive trading days cumulatively reached 30%, constituting an abnormal fluctuation in stock trading. On October 14, 2026, the company's closing price was RMB 75.00 per share, with a latest rolling price-to-earnings ratio of 93.67 times, higher than the rolling price-to-earnings ratio of 40.23 times for its industry, indicating excessive market sentiment. Upon verification, the company's operations are normal, with revenue of RMB 942 million for the first half of 2026, a year-on-year increase of 24.03%; net profit attributable to the parent company was RMB 43.9812 million, a year-on-year decrease of 30.46%. The company has adjusted the upper limit of the share repurchase price to RMB 86.91 per share. As of October 13, 2026, a total of 575,100 shares had been repurchased, accounting for 0.3884% of the total share capital, with a total transaction amount of RMB 26.3745 million. The company, its controlling shareholder, and its actual controller have no major undisclosed matters that should be disclosed. During the abnormal fluctuation period, the controlling shareholder and actual controller did not buy or sell the company's shares. Investors are advised to pay attention to investment risks.