Longban Media: Significant Short-Term Stock Volatility and Trading Risk Warning

36Kr reports that Longban Media announced its stock price surged by a cumulative 20% over two consecutive trading days on October 9 and October 12, classifying it as abnormal market fluctuation. The company's stock hit the limit up again on October 13, indicating significant short-term volatility that may involve irrational speculation. During these two days, the company's rolling P/E ratios were 39.41x and 43.35x respectively, exceeding relevant indices for the news and publishing industry. After internal review and verification with its controlling shareholder, the company confirmed normal business operations with no major changes in its main business and no undisclosed major events. For the first half of 2026, the company's net attributable profit to shareholders was 78.678 million yuan, a year-on-year decline of 34.46%. Investors are urged to invest rationally and pay attention to risks.