Beijing Investment Development Rises Limit Up for 3 Consecutive Days; Company Issues Risk Warning

MetaMuskRat · 2026-03-18T02:16:22+00:00

Jingdu Development's stock price rose for three consecutive days. On the 16th, the company announced a significant increase in price amplitude, but fundamentals remained unchanged, prompting investors to exercise caution. The company's main business is real estate, with revenue declining 50.74% year-over-year in the first three quarters of 2025, and net profit of -374 million yuan. The company is planning an asset transfer but has not yet signed an intention agreement.

MetaMuskRat

2026-03-18 02:16:22

Abstract generation in progress

JingTou Development (600683) hit the daily limit again on the 17th. As of the time of writing, the stock is trading at 10.6 yuan per share, with over 120,000 lots of buy orders on the limit-up board. So far, the stock has hit the daily limit for three consecutive trading days.

The company issued a notice on the evening of the 16th, stating that the short-term increase in the stock price is significant, but the company’s fundamentals have not changed substantially. Investors are advised to be aware of trading risks in the secondary market, make rational decisions, and invest cautiously.

Currently, the company’s main business remains real estate development, with no major changes. In the first three quarters of 2025, the company achieved operating revenue of 555 million yuan, a year-on-year decrease of 50.74%; net profit attributable to shareholders of the listed company was -374 million yuan.

The company recently disclosed that it plans to transfer the assets and liabilities related to its real estate development business to Beijing Infrastructure Investment Co., Ltd.

In this regard, JingTou Development reminds that the major asset sale and related-party transaction plan it has disclosed is still in the planning stage. The transaction plan still requires further verification and negotiation, as well as the completion of necessary internal and external decision-making and approval procedures. The company has not yet signed a letter of intent with the counterparty regarding this matter.

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