AA Precision: Stock Hits Limit Up for 4 Consecutive Days Warning of Multiple Risks

date
17/07/2026
Aijing Precision announced that from July 14 to 17, 2026, the company's stock has risen by the daily limit for four consecutive trading days, leading to the disclosure of abnormal fluctuations. The change of control of the company still needs confirmation from the stock exchange and the transfer of shares, and it is uncertain whether it can be completed and the timeframe. There are no major asset restructuring or asset injection plans in the next 36 months. The acquisition of Taizhou Zhongshi Xin in 2025 resulted in goodwill of 87.089 million RMB, with an impairment of 12.2447 million RMB. There is a risk of goodwill impairment as new customers have not signed agreements and their revenue proportion is small. In the first quarter of 2026, the revenue of precision metals and other businesses decreased by 44.83% compared to the previous quarter, while revenue from new energy battery accessories business decreased by 72.12%, posing a risk of declining performance.