Sichuan Changhong warns of stock trading risks

Sichuan Changhong Electric (SSE:600839) issued a risk warning to investors following significant stock price volatility. The company's stock triggered abnormal trading fluctuations, with cumulative deviation exceeding 20% over three consecutive days. Despite a subsequent price surge, Sichuan Changhong emphasizes that its fundamental business operations remain normal, with no material changes in market conditions, industry policies, production costs, or sales. The company cautions investors about potential market overheating and irrational speculation, noting that its price-to-earnings ratio is higher than the average for its industry. Sichuan Changhong advises investors to exercise caution, understand market risks, and rely on official company disclosures for accurate information.