The first listed GEM stocks Jifeng Agricultural Machinery Co., Ltd. [28.58-1.85%] announced its third-quarter earnings forecast last night that the company's net profit in the first three quarters increased by 40% to 60% year-on-year.

Jifeng Agricultural Machinery (SZ: 300022) Latest Price: 28.580.541.85% Quotes Trends Company News Latest Announcement Large Tracking of Money Flows Positions Costs Stock Alerts Premium Stocks Forecasts Longhubiao Company Expects First-Quarterly Net Profits to be 40,553,700 to 46,337,700,000 Yuan, a year-on-year growth of 40% to 60%; earnings per share is approximately 0.2269 yuan to 0.2594 yuan. As for the reasons for the growth of business performance, the Jifeng Farm Machinery explained that from the first quarter to the third quarter, the company's main business maintained a momentum of rapid growth, and its business scale increased significantly year-on-year.

Jifeng Agricultural Machinery was once hailed as the first bullish stock of ChiNext and was widely praised by investors as Suning Appliance in ChiNext. [15.69-1.32%]. In the initial stage of listing, there have been spectacular scenes of institutional queuing investigations. The stock price is also sesame blossom high, from the initial listing of 30 yuan, quickly rose to a maximum of 96.5 yuan in a month time, only one step away from the hundred yuan, but then appeared in the waist down market.