Shida Group (Shídá Jítuán 实达集团) Clarifies: No Business Cooperation with Alibaba Cloud (Ālǐyún 阿里云)

Key Points

Official clarification: Shida Group (Shídá Jítuán 实达集团) stated it has not carried out any business cooperation with Alibaba Cloud (Ālǐyún 阿里云).
Speculation-driven rally: The stock drew intense attention, including a five consecutive daily limit-up moves, driven by rumors of a partnership.
Trading intensity: High activity with a turnover rate of 16.13% and daily turnover of ¥2.00 billion RMB (≈ $280.0M), indicating heavy short-term positioning.
Valuation & price impact: The company shows a price-to-earnings (TTM) of -103.35 (net loss), and the stock traded at ¥5.54 with a -9.92% change after the clarification—underscoring that clarifications can reverse momentum.

Shida Group (Shídá Jítuán 实达集团) issued a clarification on November 26 saying it has noticed online rumors asserting the company is cooperating with Alibaba Cloud (Ālǐyún 阿里云 / Alibaba Cloud).

The company stated that, as of the announcement, it has not carried out any business cooperation with Alibaba Cloud (Ālǐyún 阿里云).

Key points

Company action: Shida Group released an official notice to dispel circulating rumors that linked the company to active business cooperation with Alibaba Cloud (Ālǐyún 阿里云).
Current status: No business cooperation has been carried out between Shida Group and Alibaba Cloud (Ālǐyún 阿里云) at this time, according to Shida Group’s announcement.
Context: The clarification came while the stock was trading amid strong market attention — the company had been the focus of a multi-day rally (five consecutive daily limit-up moves, per market discussion).

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Market snapshot (as shown in the original report)

Latest price: ¥5.54 RMB
Change: -¥0.61 RMB (-9.92%)
Volume: 3.51 million lots (351 million shares)
Turnover (成交额): ¥2.00 billion RMB (≈ $280.0 million USD)
Turnover rate: 16.13%
Price-to-earnings (TTM): -103.35 (negative)
Market capitalization (总市值): ¥12.1 billion RMB (≈ $1.69 billion USD)

Note on currency conversion: RMB→USD conversions above use an estimated rate of ¥1 = $0.14 USD (approximate as of 2025.11.26) and are provided for reader convenience; they are rounded to three significant figures where appropriate.

Background and market reaction

Social-media posts and forum messages circulated a claim that Shida Group had entered into cooperation with Alibaba Cloud (Ālǐyún 阿里云).

The company’s announcement directly addressed those rumors and stated there is currently no business cooperation.

The clarification appears intended to calm investors and the market after a period of significant price moves tied to speculation about potential partnerships.

Investor and forum responses varied: some market participants treated the company’s clarification as likely to end the speculative rally, while others noted that previously signed framework agreements or strategic intentions do not necessarily imply immediate operational cooperation.

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Quick takeaways for investors, founders, and market watchers

Rumors can move markets: The stock’s multi-day rally and the spike in turnover show how speculation around a possible tech partnership can create intense short-term trading activity.
High turnover, high attention: A turnover rate of 16.13% and ¥2.00 billion RMB (≈ $280.0 million USD) in daily turnover signals active investor interest and short-term positioning.
Negative P/E (TTM): A price-to-earnings (TTM) of -103.35 indicates the company reported a net loss over the trailing twelve months, which matters for valuation context even amid rumor-driven rallies.
Clarifications matter: Official company notices can be catalysts that reverse momentum, especially when a rally is driven by speculative partnership news rather than confirmed contracts.
Due diligence checklist:
- Verify official filings and announcements from the company before acting on social-media claims.
- Check trading metrics (volume, turnover rate) for signs of speculative flows.
- Consider company fundamentals — negative P/E, recent earnings, and cash position — in any investment call.

What to watch next

Follow official disclosures: Any new framework agreement or confirmed contract will be released via official channels and should include specifics about scope, timelines, and revenue recognition.
Monitor liquidity and volatility: If trading remains elevated after the clarification, that can signal ongoing speculation or new participants entering the thesis.
Sector signals: Watch broader cloud and enterprise software chatter for corroborating announcements from other players, including Alibaba Cloud (Ālǐyún 阿里云), which may hint at ecosystem moves without naming partners.
Regulatory filings: For Chinese-listed companies, look for Shanghai Stock Exchange notices, company announcements, and third-party confirmations to validate partnership claims.

Actionable investor checklist

If you own the stock: Reassess position size in light of clarified news and the company’s fundamentals.
If you’re speculating: Use tight risk controls; rumor-driven rallies can reverse quickly after official clarifications.
For founders and operators: Note how quickly false partnership claims can create market noise — have a communications protocol ready.
For analysts and journalists: Cross-check social claims with filings and use trading signals (volume, turnover) to prioritize stories.

Bottom line

Shida Group (Shídá Jítuán 实达集团) clarified it has not carried out business cooperation with Alibaba Cloud (Ālǐyún 阿里云).

The company’s note is a reminder that rumors can inflate valuations quickly, but fundamentals and official disclosures ultimately anchor long-term value.

Shida Group (Shídá Jítuán 实达集团)