jackpotcitycasinoonline| What's going on? With 6 consecutive boards, Chunguang Technology will be on the floor in 1 minute!

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On April 22nd, Daniusu Chunguang Technology (603657) plummeted in the afternoon and once staged the board of heaven and earth.

The share price of Chunguang Technology continues to soar recently. The company's share price has risen by the daily limit for six consecutive trading days since April 12.

In early trading on April 22, Chunguang Technology rose by the daily limit again, but plummeted in the afternoon, reaching the limit at one point. Wind shows that as of press time, the daily turnover rate of Chunguang Technology has reached 21%.Jackpotcitycasinoonline.3%, turnover 6.Jackpotcitycasinoonline.65 million yuan.

After the flash crash, Chunguang Technology was quickly pulled up again, and as of press time, the decline narrowed to 4.47%.

As for the sharp rise in the share price, Chunguang Technology has previously warned that the company's share price has risen sharply in the short term, and there may be a sharp decline risk after a large short-term rise. The circulation of the company is small, and there is a risk of irrational speculation in the secondary market. In addition, the company received notice from its shareholder Fang Xiubao on April 18, 2024 that it plans to reduce its holdings of 698000 shares, which may lead to a decline in the company's share price.

Chunguang Technology is mainly engaged in the R & D, production and sales of clean electrical hoses, accessories and ODM/OEM products. On the evening of April 19, Chunguang Science and Technology released its 2023 annual report. In 2023, the company achieved operating income of 1.82 billion yuan, down 5.28% from the same period last year, and net profit of 25 million yuan, down 74.6% from the same period last year.

Chunguang Technology said that due to the decline in the scale of the company's vacuum cleaner OEM business in the second half of 2023, the company's revenue declined compared with the same period last year. At the same time, due to the intensification of competition in the downstream terminal market, the transmission of customer demand for cost reduction, the decline in the sales price of the company's products, the increase in employee compensation and depreciation, and the decrease in exchange earnings compared with the same period last year, the net profit in 2023 declined compared with the same period last year.

Chunguang Science and Technology mentioned that in order to deal with the impact of the above unfavorable factors, the company strives to improve the overall competitiveness of the company by further implementing industrial extension, enhancing business cooperation, laying out overseas markets, actively expanding new customers and strengthening talent team building.