Further elevate technology: Stock price fluctuation, declining performance and high valuation pose risks.

Zai Sheng Technology announced that from February 24th to 26th, 2026, the company's stock price has deviated by more than 20% for three consecutive trading days, which is considered abnormal volatility. In the first three quarters of 2025, the company's revenue was 985.1153 million yuan, a decrease of 10.11% year-on-year; net profit was 81.2543 million yuan, a decrease of 10.59% year-on-year. From November 28, 2025, to February 26, 2026, the stock price increased by 177.94%, with a price-earnings ratio of 186.28 times, significantly deviating from the industry average. The company's revenue from the aerospace sector in 2024 accounted for approximately 0.5%, and there are currently no orders for "high-silicon oxygen fiber products". Investors are reminded to pay attention to performance and trading risks and to invest rationally.