Baobian Electric announced abnormal stock trading fluctuations. As of the close of October 16, 2024, the company's stock closing price-earnings ratio was -139.40, with a net market ratio of 37.82, far higher than the net market ratio of the same industry. The company's stock has risen significantly in the short term, the turnover rate is large, and the net market ratio is high, and there may be a risk of stock price speculation; the matter of free transfer of state-owned shares between the Ordnance Equipment Group and China Electric Equipment is still subject to the relevant procedures of the state-owned assets supervisory authority, and the State Administration of Market Supervision and Administration must review the centralized declaration and approval of the operators involved in this acquisition.

Baobian Electric announced abnormal stock trading fluctuations. As of the close of October 16, 2024, the company's stock closing price-earnings ratio was -139.40, with a net market ratio of 37.82, far higher than the net market ratio of the same industry. The company's stock has risen significantly in the short term, the turnover rate is large, and the net market ratio is high, and there may be a risk of stock price speculation; the matter of free transfer of state-owned shares between the Ordnance Equipment Group and China Electric Equipment is still subject to the relevant procedures of the state-owned assets supervisory authority, and the State Administration of Market Supervision and Administration must review the centralized declaration and approval of the operators involved in this acquisition.