Xingye Technology: Stock experiencing abnormal fluctuations, proposed acquisition business to have minor impact and potential risks.

Xingye Technology announced that the company's stock price has deviated by more than 20% for two consecutive trading days, which is considered abnormal fluctuation. On the evening of June 21, the company disclosed a framework agreement for the acquisition of assets related to indium phosphide business. This matter is still subject to approval by the board of directors, and there is uncertainty. The net asset book value of the proposed acquisition business is expected to be less than 25 million yuan, and the revenue from January to May 2026 is expected to be less than 5 million yuan, with minimal impact on current revenue and net profit. In addition, the new project may face issues such as market development and customer certification, as the company lacks experience in the semiconductor field. Investors are advised to pay attention to risks.