The reporter called Shenghong Technology as an investor. The wiring staff said that the company had some non-recurring profits and losses stemming from the A-share and Hong Kong stock IPO projects of some of the company's industrial chain partners. On the one hand, to strengthen the cooperative relationship between the two parties, and on the other hand, to support each other's listing, some partners also participated in the company's Hong Kong stock project, and the company made timely investments accordingly. The investment generated floating profits in the second quarter, and poor market performance in the third quarter turned into partial losses. As of the end of the third quarter, the company still held some of the relevant shares. The staff member mentioned above added that the company has recently revised its securities investment management system. In the future, it will strengthen preliminary research and risk assessment of stock investment projects internally. In the future, the securities investment business will implement more prudent risk control standards to avoid the impact on performance caused by fluctuations in the secondary market. At the same time, the source stressed that the company's deducted non-net profit continued to rise month-on-month and year-on-year; current order visibility is at a historically high level, customer demand is still sufficient until 2027 and 2028, and the company is actively expanding production capacity.

The reporter called Shenghong Technology as an investor. The wiring staff said that the company had some non-recurring profits and losses stemming from the A-share and Hong Kong stock IPO projects of some of the company's industrial chain partners. On the one hand, to strengthen the cooperative relationship between the two parties, and on the other hand, to support each other's listing, some partners also participated in the company's Hong Kong stock project, and the company made timely investments accordingly. The investment generated floating profits in the second quarter, and poor market performance in the third quarter turned into partial losses. As of the end of the third quarter, the company still held some of the relevant shares. The staff member mentioned above added that the company has recently revised its securities investment management system. In the future, it will strengthen preliminary research and risk assessment of stock investment projects internally. In the future, the securities investment business will implement more prudent risk control standards to avoid the impact on performance caused by fluctuations in the secondary market. At the same time, the source stressed that the company's deducted non-net profit continued to rise month-on-month and year-on-year; current order visibility is at a historically high level, customer demand is still sufficient until 2027 and 2028, and the company is actively expanding production capacity.