Hope China released a risk warning announcement, revealing that from October 28 to November 4, 2025, its stock price soared to the trading limit for six consecutive trading days. During this span, there were three instances of abnormal stock price fluctuations. The cumulative price hike reached a staggering 77.40%, a figure that stands in stark contrast to the company's fundamentals, as well as the performance trends of the industry and the Shanghai Composite Index over the same timeframe. Notably, the company's core business operations have not witnessed any substantial transformations. The short-term, rapid surge in the stock price is primarily fueled by an overheated market sentiment and irrational speculative behavior, thereby presenting a significant risk of a swift downturn.

In terms of financial performance, the company reported a net loss attributable to shareholders of the parent company amounting to RMB 12.39 million for the first three quarters of 2025. Breaking it down, the third quarter alone saw a loss of RMB 5.0479 million, highlighting the company's ongoing performance challenges. As of November 4, the company's static price-to-earnings ratio stood at a lofty 171.11 times, far surpassing the industry's reasonable valuation benchmark.