Limit down for two consecutive days, the 'myth' of the post-90s big player behind the tenfold bull stock is broken!

Recently, a post-90s big player who publicly sought marriage online has become one of the most controversial figures in the stock market after the tenfold bull stock, Guosheng Technology, was pushed down to the limit-down price for two consecutive days.

His name is Liu Xin, also known as 'Xin Duoduo' among retail investors.

Unlike many speculative traders who come from the lower social strata and lack education, Liu Xin is a typical high-earner with advanced degrees. He studied at one of Germany's top three universities and initially worked in chemical engineering and cross-border trade. After amassing his initial capital through hard work, he officially entered the stock market.

Before 2025, he had almost no influence in the capital markets, but a matchmaking announcement in November 2025 made him an overnight sensation. Calling himself a romantic millennial, he claimed to be a major shareholder in ten listed companies and vowed to surpass Buffett to become the world’s best investor. This article went viral online, bringing Liu Xin enormous traffic and attention, significantly boosting his influence in the stock market.

Many retail investors started following his stock picks, including Guosheng Technology, which he specifically mentioned in his matchmaking post. On November 25, 2025, two days before Liu Xin’s matchmaking announcement, Guosheng Technology suddenly declared its intention to acquire the lithium battery company 'Fuyue Technology' via a loan.

Guosheng Technology originally started as a landscaping company but later transitioned into the photovoltaic industry. Following the acquisition of Fuyue Technology, the company aimed to complete an integrated 'photovoltaic + energy storage' strategy for growth and development.

With this new narrative in place, Guosheng Technology’s stock price began to soar. From just over 3 dollars last October, it skyrocketed to more than 30 dollars by April this year—a tenfold increase in just six months, making it the stock with the highest gains in the entire market.

However, no one expected that this super-performing stock would collapse overnight.

On the evening of April 13th, Guosheng Technology suddenly announced that it would terminate the acquisition of the lithium battery company Fuyue Technology. Once the news broke, all previous expectations were shattered, and Guosheng Technology plummeted to a limit-down the very next day.

Many retail investors were hoping that the main players would rescue the stock, but what followed was an even deeper abyss. On April 15th, Guosheng Technology continued its limit-down plunge, with sell orders piling up to over 2 billion dollars. Countless people were trapped inside, unable to exit even if they wanted to.

We still do not know how Guosheng Technology will ultimately end, but one thing is certain: this irrational speculation has now completely ended.

Following the incident, Liu Xin became a target of criticism among many investors. As early as last year, before Guosheng Technology began its upward momentum, he had already quietly started accumulating shares at low prices, purchasing over 100 million yuan worth in just four days. After Guosheng Technology announced its acquisition, his personal matrimonial advertisement further amplified market attention towards the company.

When investor sentiment began to escalate, he decisively chose to retreat from the market. After January this year, the commonly used trading seat 'GF Securities Nanjing Hanzhong Road Branch,' associated with Liu Xin, no longer appeared on Guosheng Technology's leaderboard.

Reviewing the entire process of speculation, anyone with even basic investment knowledge would not have believed the 'ghost story' the listed company was telling. Guosheng Technology had been incurring losses for six consecutive years, and the company it intended to acquire, Fuyue Technology, was only established in 2024. A company without profit-making ability and another without technical experience could hardly create any significant impact when combined.

In fact, such a situation involving Guosheng Technology is not the first time it has happened in the A-share market; the case of Shuangcheng Pharmaceuticals two years ago was almost identical.

In 2024, Shuangcheng Pharmaceuticals, which was mired in losses, announced a cross-industry acquisition of semiconductor company Aura Shares, attempting to sell the market a story about a pharmaceutical company transitioning into chip manufacturing. Subsequently, Shuangcheng Pharmaceuticals' stock surged, hitting the daily limit 21 times within 23 trading days. However, after the final acquisition was terminated, Shuangcheng Pharmaceuticals quickly reverted to its original state and now faces delisting.

For decades, the phenomenon of exploiting retail investors in the stock market has never ceased. Once such incidents occur, people’s immediate reaction is to denounce the manipulators. In reality, however, what truly needs to be done is investor education.

Only when people stop blindly speculating and stop believing that someone will lead them to make money can the problem be fundamentally resolved. Otherwise, changing the manipulators or switching stocks will only repeat the same scenario. $Beijing Qianjing Landscape (603778.SH)$$Hainan Shuangcheng Pharmaceuticals (002693.SZ)$

Text by Taylor

Disclaimer

This article contains content related to listed companies, reflecting the author's personal analysis and judgment based on information disclosed by these companies in accordance with their legal obligations (including but not limited to interim announcements, annual reports, and official interactive platforms). The information or opinions presented in this article do not constitute any form of investment or other business advice. Market Value Observer assumes no responsibility for any actions taken as a result of adopting the content of this article.

——END——

37K Views