Aerospace Electronics: Abnormal fluctuations in stock trading, indicating multiple operational risks.

Aerospace electromechanical announced that the closing price of the company's stock on December 3-4, 2025, rose by more than 20% for two consecutive trading days, which was considered abnormal volatility. From November 28 to December 4, the cumulative increase over five trading days was 46.85%. In 2024, the company's revenue was 5.349 billion yuan, with a total profit of -63.7332 million yuan; in the first three quarters of 2025, the revenue was 2.652 billion yuan, a year-on-year decrease of 36.10%, with a net loss of 247 million yuan, which increased the loss. Currently, the main business is not related to commercial aerospace. Through self-inspection and verification, there is no major undisclosed information that should be disclosed. The company warns of risks such as stock trading, insufficient orders, and insufficient operating funds for photovoltaic power plants.