Since December 3, 2025, the company’s stock price has risen by a cumulative 156.07%. While the short-term increase in the company’s stock price has significantly outpaced the growth of the industry and the Shanghai Composite Index during the same period, there have been no major changes in the company’s fundamentals. Consequently, there is a risk of overheated market sentiment and irrational speculation. From January to September 2025, net profit attributable to shareholders of the listed company, excluding non-recurring gains and losses, was only 5.4712 million yuan. During the same period, the gross profit margin was 9.62%, and the net profit margin attributable to shareholders was 0.48%, indicating that the Company’s profitability is relatively limited. The Company specifically reminds investors to be aware of these risks. The company’s latest trailing price-to-earnings (P/E) ratio stands at 2,201.97 times, and its latest price-to-book (P/B) ratio is 19.92 times. Both the latest trailing P/E ratio and P/B ratio are significantly higher than average levels and have deviated severely from the company’s fundamentals.