Crown Hao High-tech responds to the daily limit increase: The daily limit increase is not a "abnormal movement", but a value rotation in the market.

Guangao High-Tech's stock price surged to the daily limit, closing at 3.47 yuan, up 10.16%. This is the first time Guangao High-Tech has hit the daily limit in recent years, attracting widespread attention in the market. Most investors link this daily limit to the breakthrough in the company's hydrogen carbon paper technology and its first successful project implementation. "The daily limit is not an abnormal market movement, but a rotation of market value," said Ren Xiaoping, the Secretary of the Board of Directors of Guangao High-Tech, in response to the news. In his view, today's daily limit is more like a natural correction of the long-term undervaluation, with two logical explanations for today's daily limit: first, the overall rotation of the capital market since September last year; second, the company's fundamental stability and the market value discovery function is playing a role.