Shandong Molong Reports >20% Three-Day A-Share Rally; Board Cites No Fundamental Changes, Highlights 1,278.27× P/E

Bulletin Express
07/14

Shandong Molong Petroleum Machinery Company Limited announced that its A shares rose more than 20% cumulatively over three consecutive trading days—10, 13 and 14 July 2026—triggering an “unusual movement” alert under Shenzhen Stock Exchange rules.

A board-led review, including inquiries to controlling shareholders and the de facto controller, found:

• Operations: No significant changes in production, business conditions or external environment have occurred or are anticipated. • Corporate events: No undisclosed material matters or agreements are in progress. • Market information: Management is unaware of media reports, market rumours, or thematic concepts that could materially influence the share price. • Share dealings: Controlling shareholders and the de facto controller did not trade company shares during the period in question.

The company confirmed compliance with fair-disclosure obligations and stated it has not yet released, nor provided to third parties, any first-half 2026 financial results.

Risk indicators were underscored: as of 13 July 2026, Shandong Molong’s static price-to-earnings ratio stood at 1,278.27—roughly 26 times the 49.25 average for the broader “Specialized Equipment Manufacturing” industry, according to China Securities Index Company data.

The board reiterates that official disclosures are limited to China Securities Journal, Shanghai Securities News, Securities Daily, Securities Times and the CNINFO website, urging investors to monitor these channels and exercise caution when trading the company’s securities.

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