Kingfa Sci & Tech warns of trading risks after share surge
Kingfa Sci & Tech announced its shares recorded a cumulative deviation of over 20% in price increases over two consecutive trading days on September 17 and 18, 2025, triggering an abnormal fluctuation alert. The company confirmed no undisclosed major matters and its operational status is normal. It clarified a 0.32% indirect stake in Hangzhou Youai Technology Co., Ltd. through its investment in the Jinshi Growth Fund, noting the minimal ownership.
The company's stock has shown increased trading volume and turnover rates, leading to accumulated profit-taking adjustment risks. As of September 17, 2025, Kingfa Sci & Tech's static price-to-earnings (P/E) ratio stood at 69.99 times and rolling P/E at 56.02 times, significantly higher than the industry averages of 27.36 and 28.42 times, respectively, for the "Rubber and Plastic Products Industry (C29)." Investors are advised to exercise caution due to the notable disparity and increased stock volatility.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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