Top-performing Stock: Shares of Xincai Materials Rise by 20CM, Breaking Through the 110-Level! Since July 1st, the stock has seen a sharp rise, with year-to-date gains reaching 1565%

According to reports on August 5th, shares of Xincai Materials (688585.SH) rose sharply again after the market closed, exceeding the 20CM limit and breaking through the 110-level, closing at 110.48 yuan. The company has seen a relentless upward trend since July 1st, with year-to-date gains reaching 1565%.

On the evening of July 8th, Xincai Materials announced that Zhi Yuan Robot had established a holding platform through joint investment with the company and core teams, acquiring at least 63.62% of the company's shares through agreements and tender offers. Zhi Yuan Robot was founded in February 2023 and is a leading robot company.

Xincai Materials released an announcement last night stating that its fundamental situation has not undergone significant changes, with main business remaining research, production, and sales of high-performance, corrosion-resistant materials for environmental protection and wind turbine blades. The company's half-year revenue in 2025 reached 784 million yuan, a year-on-year increase of 12.50%, but net profit decreased by 32.91% due to foreign exchange losses and other reasons. Additionally, the company's stock price has deviated significantly from its fundamental value, and investors should be cautious of market risks.