Two high-flying stocks are set to resume trading simultaneously tomorrow!
On the afternoon of February 1, Fenglong Co., Ltd. announced the results of its stock trading suspension review and the subsequent resumption of trading, stating that its shares will resume trading starting from the market open on Monday, February 2, 2026.
From December 25, 2025, to January 23, 2026, Fenglong Co., Ltd. saw a staggering increase of 405.74%. The company cautioned that its stock price has severely deviated from its fundamental business conditions, warning of potential risks of a rapid price decline in the future. During the same period, Jiamei Packaging also announced it would resume trading at the market open on February 2. From December 17, 2025, to January 23, 2026, Jiamei Packaging's stock price surged by 408.11%.
Here are the details— Fenglong Co., Ltd.: Currently Not Involved in Humanoid Robot Business; Risks of Overheated Market Sentiment and Irrational Speculation Exist As a "superstar stock" at the beginning of 2026, Fenglong Co., Ltd. had previously achieved a remarkable feat of 18 consecutive trading-day limit-ups. On the evening of January 25, Fenglong announced that its stock would be suspended for review starting from the market open on January 26. After a one-week trading halt, on the afternoon of February 1, Fenglong announced it would resume trading starting from the market open on Monday, February 2. Concurrently, the company provided further clarifications on relevant matters and reiterated risk warnings. Fenglong stated that UBTECH ROBOTICS Corp., Ltd. has committed that within 36 months following the completion of this acquisition, it has no plans to inject assets it holds into the listed company. The production, operations, and core technological development of the listed company and UBTECH ROBOTICS and its affiliates remain independent. To date, the company has no other undisclosed related-party transactions with UBTECH ROBOTICS or its affiliates. Regarding its business, Fenglong emphasized that, as of now, the company is not involved in the humanoid robot business. Its main operations continue to be the R&D, production, and sales of components for garden machinery, automotive parts, and hydraulic components, which have not undergone significant changes. The company's market environment or industry policies have not been substantially adjusted, and its main business is not expected to change significantly within the next 12 months. Addressing the recent sharp price increase, Fenglong indicated that its current stock price has severely diverged from the company's fundamental situation, highlighting risks associated with overheated market sentiment and irrational speculation. The substantial short-term price appreciation has accumulated significant trading risks and clearly deviated from overall market trends, raising the possibility of a rapid price decline. Should the stock price experience further abnormal increases, the company may apply again to the Shenzhen Stock Exchange for a trading suspension and review. Furthermore, Fenglong disclosed details of stock trades by two insiders privy to undisclosed information. Among them, Fengchi Investment reduced its holdings by a total of 1.6577 million shares based on a previously disclosed reduction plan; these sales occurred before it became aware of the planned change in control and are not considered insider trading. The independent financial advisor, Guosen Securities, engaged in trading Fenglong shares through its proprietary business stock account. Fenglong stated that these trades by Guosen Securities were unrelated to the planned control change event. Prior to the trading suspension, Fenglong's stock price was 99.53 yuan per share, with a total market capitalization of 21.748 billion yuan.
Jiamei Packaging: No Substantial Progress on Control Change; Stock Price Severely Detached from Fundamentals Jiamei Packaging is another notable high-flyer in the recent market, with its surge also stemming from a planned change in control. On the evening of January 25, Jiamei Packaging concurrently announced that its shares would be suspended for review starting January 26, along with the suspension of trading and conversion for its convertible bonds. On the afternoon of February 1, Jiamei Packaging announced it would resume trading at the market open on February 2, and that its convertible bonds would also resume trading and conversion. February 2 marks the final trading day for "Jiamei Convertible Bonds," which will be traded under the abbreviated name "Z Mei Bonds" that day; trading will cease after the market close. Simultaneously, Jiamei Packaging stated that its fundamental business conditions have not changed significantly, but its recent stock price has severely deviated from these fundamentals. The company warned of risks from overheated market sentiment, irrational speculation, potential short-term rapid price corrections, and significant risks for investors participating in trading. Regarding performance, Jiamei Packaging expects a noticeable decline in its operating results for 2025, noting that the current stock price surge is severely misaligned with its business performance. Based on preliminary accounting by the finance department, Jiamei Packaging forecasts its 2025 net profit attributable to shareholders to be between 85.4371 million yuan and 104.4231 million yuan, representing a year-on-year decrease of 53.38% to 43.02%. Jiamei Packaging stated that Suzhou Zhuyue Hongzhi Technology Development Partnership has committed that within 36 months of obtaining control of the listed company, it will not inject assets into the company. The production, operations, and core technological development of the listed company and Zhuyue Hongzhi and its affiliates remain independent. To date, there are no other related-party transactions requiring disclosure with Zhuyue Hongzhi or its affiliates. Additionally, Jiamei Packaging mentioned that there has been no substantial progress regarding the control change event, and risks exist that the acquirer's acquisition loan might not receive approval. The acquirer, Zhuyue Hongzhi, plans to fund the acquisition using its own funds and raised capital; however, the raised funds are still under application, and the success of this application remains uncertain. Prior to the trading suspension, Jiamei Packaging's stock price was 23.17 yuan per share, with a total market capitalization of 24.943 billion yuan.
Comments