Balian Board Shangwei New Materials: The price-to-earnings ratio is significantly higher than the industry average.

Jin10 Data reported on July 18 that the company announced that the cumulative price deviation of its stock closing price had reached 30% over three consecutive trading days and 100% over ten consecutive trading days, which constitutes abnormal stock trading fluctuations and severe abnormal fluctuations. After self-examination and verification with the controlling shareholder, the company confirmed that, apart from the disclosed information, there is no significant information that should be disclosed but has not been. The company’s price-to-earnings ratio is significantly higher than the industry average, reminding investors to pay attention to investment risks. In addition, the company’s controlling shareholder SWANCOR Samoa has signed a share transfer agreement with Zhiyuan Hengyue and Zhiyuan Xinchuang Partnership, which may lead to changes in the company’s controlling shareholder and actual controller, but there is uncertainty regarding the relevant approval procedures and share transfer registration.