Hang Chi advances: the company's stock is at an all-time high, there is a risk of a significant short-term decline

Golden Data reported on March 7 that Hangchi issued a stock trading risk warning on the evening of March 7. Since February 12, 2025, the company's closing price has hit the limit up 11 times in 17 consecutive trading days, with a cumulative increase of 147.14%, and the actual fluctuation of the stock price is relatively large in the short term. In the past month, the cumulative increase of the company's stock price is 160.83%, while the same period Shanghai Shun General Equipment Index has a cumulative increase of 14.67%. The short-term increase in the company's stock price is significantly higher than the industry index during the same period, indicating a possibility of irrational speculation due to overheated market sentiment. As of March 7, 2025, the company's closing price is 23.97 yuan/share, at a historical high, posing a significant risk of a sharp decline in the short term.