Shanghai Dazhong Public Utilities warns investors after stock surge

Shanghai Dazhong Public Utilities Group Co., Ltd. has announced a stock trading risk warning due to a substantial short-term increase in its share price. The company's stock experienced a cumulative increase of 33.74% over four consecutive trading days: September 29, September 30, October 9, and October 10, 2025. This rapid appreciation has triggered concerns about market overexcitement and potential speculative trading, leading the company to emphasize increased transaction risks and the possibility of a sharp short-term decline.

The company's latest trailing twelve-month (TTM) price-to-earnings (P/E) ratio stands at 47.28, significantly higher than the average P/E ratio of 19.21 for the gas utility sector, as reported by the CSI Indices Co., Ltd. The price-to-book ratio is 2.36. Despite the stock's performance, the company stated that its fundamental business operations and internal/external environment have not undergone any major changes.

Shanghai Dazhong Public Utilities Group has not identified any undisclosed material information, planned initiatives, discussions, or agreements that could significantly impact its stock price or derivative products. The company urges investors to exercise caution, make rational decisions, and be aware of the inherent risks in secondary market trading, advising reliance on information published in designated media.