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Oujiawan Issues Risk Warning After Four Consecutive Daily Limit-Ups: Health Service Robot Business Still in Exploration Phase
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Chinese massage chair manufacturer Oujiawan (stock code: 002614) issued a risk warning on September 27 after its stock price hit four consecutive daily limit-up gains, closing at 8.33 yuan per share with a total market capitalization of 5.196 billion yuan. The company stated that its health service robot business remains in an exploratory stage with significant uncertainties. It also noted that some of its health care products can be used in elderly care scenarios, but their revenue contribution is low and has limited impact on overall performance. Additionally, while some export business involves RCEP member countries, the overall benefit is limited and has not materially affected operating results. The warning was reported by Beijing Business Today and published on East Money's A-share company channel.
Source report
Following a four-day winning streak in the secondary market, Oujiahua (stock code: 002614) saw its share price close at the daily limit of RMB 8.33 per share on September 24, giving the company a total market capitalization of RMB 5.196 billion.
In a statement released on the evening of September 27, the company clarified several points:
- Health service robots: While the company is involved in the health service robot sector, related developments remain uncertain.
- Elderly care products: Some of the company's health and care products can be applied in elderly care scenarios and are part of the elderly care industry chain. However, these products account for a relatively small proportion of revenue and have a limited impact on the company's overall operating performance.
- RCEP-related exports: A portion of the company's export business involves RCEP member countries, but the overall benefits are limited and have not yet had a material impact on the company's operating results.
(Source: Beijing Business Today)
Source
东方财富网-A股公司Eastern
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Oujiawan shares surge 46% in four days, then plunge; company warns of speculative risks