Guosheng Technology: The company's current stock price has significantly deviated from its underlying fundamentals, and there is a risk of further decline in the future.

People’s Financial News, March 17 — Guosheng Technology (603778) announced on March 17 that there has been abnormal fluctuation in its stock trading. From March 6 to March 17, the company’s stock price hit abnormal movements twice, with a total increase of 59.42%. The company’s short-term stock price volatility has been significant, surpassing the industry and Shanghai Composite Index gains during the same period, and has clearly deviated from market trends, posing a high risk of speculation. Currently, the company’s stock price has severely diverged from its fundamentals, and there is a risk of future decline. After self-examination, the company’s main business and fundamentals have not undergone significant changes. The company’s photovoltaic sector includes the research, production, and sales of large-size high-efficiency heterojunction (HJT) photovoltaic cells; the production and sales of heterojunction (HJT), TOPCON, PERC, and other modules. Heterojunction (HJT) modules are mainly used in large ground power stations, offshore power stations, distributed power stations, and rooftop solar projects, with no significant changes in application fields. The company’s landscaping sector involves landscaping engineering construction and landscape design.