Zhejiang Wen Internet: Stock price abnormal fluctuations, indicating various risks related to performance and trading.

Zhejiang Wenzhumei announced that the company's stock had an abnormal fluctuation as the closing prices on January 23 and January 26 increased by more than 20% in total. From January 5 to January 26, the stock price increased by a total of 69.57%. The revenue from the "Pai Zhi" digital human business accounted for less than 1% of the company's income and profits. In the first three quarters of 2025, the revenue was 5,604.70 million yuan, and the net profit was 126.62 million yuan, a decrease of 19.68% year-on-year. The non-revenue net profit was 18.69 million yuan, a decrease of 78.62% year-on-year. On January 26, 2026, the turnover rate was 33.12%, and the latest dynamic P/E ratio was 155.60, significantly higher than the industry average, reminding investors to pay attention to the risks.