Robot Hype Lifts Guangyang Shares for Two Sessions, Firm Clarifies Low Business Share
On the evening of September 3, Guangyang Share Co. (SZ002708, closing price 15.58 yuan, market cap 8.757 billion yuan) issued a statement regarding abnormal fluctuations in its stock trading. The announcement noted that over the past two trading days (September 2 and 3), the cumulative deviation of its closing price exceeded 20%, which according to Shenzhen Stock Exchange rules constitutes abnormal stock trading activity.
Following an internal verification, the company stated that there are no material matters that should be disclosed but have not been. However, market observers link the surge to the recent rally in robotics-related stocks. As a manufacturer of precision bearings, Guangyang is seen as a potential supplier to the humanoid robot industry, which has attracted speculative buying.
The company emphasized that its robot-related business currently contributes only a very small portion of its overall revenue. It urged investors to remain rational and to note the risks associated with market speculation. This move is widely interpreted as an effort to cool down excessive enthusiasm while ensuring transparency regarding its operations.