Wolong Electric addresses abnormal stock surge, clarifies robot business impact

Wolong Electric Group's stock surged over 20% across three consecutive trading days from September 16-18, 2025, triggering an abnormal fluctuation announcement. As of September 18, its price-to-earnings (P/E) ratio stood at 111.66 and its price-to-book (P/B) ratio at 8.46. These figures significantly exceed industry averages for "electrical machinery and apparatus manufacturing," which are 26.08 for P/E and 3.16 for P/B, according to the China Securities Index Co., Ltd.

The company confirmed that its production and operations remain normal, with no material changes in the market environment, industry policies, production costs, sales, or internal operations. It also stated there are no undisclosed major events, such as significant asset restructurings, share issuances, or acquisitions, that would impact stock prices.

Wolong Electric Group clarified that its core business remains the research, development, production, and sales of motors and controls, despite some media categorizing it under "robot-related concepts." Robot-related products, including industrial robot system solutions and components, accounted for approximately 2.71% of total operating revenue in the first half of 2025, indicating a minor impact on current operating performance. Investors are urged to exercise caution and make rational investment decisions.