CITIC Securities issued a risk warning on the trading of “Zhongtong Bus”

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CITIC Securities issued a warning on the trading risks of “Zhongtong Bus”, stating that the fundamentals of the listed company “Zhongtong Bus” have not changed significantly at present, and the stock price has risen sharply in the short term. Investors are advised to fully understand the risks of the stock market. According to the announcement of the listed company on July 6, the “Zhongtong Bus” products are mainly passenger cars, and the number of special medical vehicles used for nucleic acid testing is currently small, which is not enough to have a significant impact on the company’s business development and profitability. The solar-powered extended-range intelligent driving bus developed by “Zhongtong Bus” can be used as an auxiliary power supply. At present, only a prototype vehicle has been developed, and the technology has not been commercialized. (First Finance and Economics)
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