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Shenzhen Huaqiang: Ascend business revenue accounts for less than 0.1%
Shenzhen Huaqiang announced that the company’s stock price has experienced a cumulative deviation of more than 20% in the closing prices over two consecutive trading days, which constitutes an abnormal fluctuation in stock trading. After verification, the company is currently operating normally and has no major undisclosed matters that should be disclosed. Regarding the market’s concern about the Shengten partnership, the company stated that related promotion is still in the early stages, with Shengten’s business volume accounting for less than 0.1% of the company’s total revenue, and the future promotion pace is uncertain. Additionally, the company’s storage product line has recently seen rapid shipment growth, but due to market demand and price fluctuations, future growth may slow down. The company expects its net profit attributable to shareholders in the first quarter of 2026 to increase by 80%-120% year-on-year, and investors should be aware of investment risks.