According to Huanrui Century's announcement, the cumulative deviation value of the company's closing price increase of more than 20% for two consecutive trading days was an abnormal fluctuation in stock trading. Up to now, the company's AI short drama business has not had a large-scale effect in terms of number of launches, scale of revenue, and cost efficiency transformation. In the first half of 2026, the company's AI short drama business revenue accounted for less than 1% of the total unaudited revenue for the 2026 half year. The company's AIGC-related business accounts for a low share of revenue, which does not have a significant impact on short-term operating results.

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