According to the Sino-Singapore SEC announcement, the cumulative deviation value of the company's stock closing price increase exceeded 20% for two consecutive trading days on September 14 and September 15, 2026, which is an abnormal fluctuation in stock trading. As of September 15, 2026, the company's closing price was 28.45 yuan/share, with a rolling price-earnings ratio of 597.99 times, far higher than the rolling price-earnings ratio of the software and information technology services industry of 57.73 times. In response to the AI security concept that the market is concerned about, the company's AI application products are still in the early stages of commercialization. In the first half of 2026, the revenue of such products will not exceed 2% of the total revenue. The company achieved operating income of 235 million yuan and a net loss of 129 million yuan in the first half of 2026. After verification, the company's business situation is normal, and there are no important matters that should be disclosed; the controlling shareholders, Guangdong Red Earth, Nanjing Red Earth, Kunshan Red Clay, and Zhengzhou Bairui, have completed plans to reduce their holdings by a total of 3.1393 million shares, accounting for 1.84% of the company's total share capital.

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