Zhitong Finance App News, Zhiwei Intelligence (001339.SZ) issued an announcement. The closing price increase deviation value of the company's stock exceeded 20% for 3 consecutive trading days on November 9, 2026, November 10, and November 11, 2026. According to the relevant provisions of the “Shenzhen Stock Exchange Trading Rules”, this is an abnormal fluctuation in stock trading. Currently, the company's Gusen intelligence-related business only involves Gesheng intelligent controller products. In the first three quarters of 2026, the revenue scale of this business (including revenue from providing controller products and related solutions to Zhiyuan Robots) was small, accounting for less than 1% of the company's overall revenue. Technology in the intelligent industry is rapidly iterating, and there is uncertainty about whether the company's technology route can continue to lead and whether its products can be recognized by the market. The robotics business currently contributes very little to the company's overall revenue and profit, and will not have a significant impact on the company's business performance in the short term.
As the company's computing power business continues to expand, the size of the company's assets and liabilities will grow simultaneously, and the balance ratio will remain high in the short term. According to the company's financial data for the third quarter of 2026, the company's balance ratio is 78.05%. If future business development and capital investment do not meet expectations, it may have a certain impact on the company's capital turnover, solvency and operating stability.
In response to the market-focused partnership with Nvidia, the company became a member of the Nvidia NPN (Nvidia Partner Network) partner network in September 2024 to launch a series of products such as edge computing and embedded intelligent controllers based on Nvidia Jetson modules. This portion of sales for the first three quarters of 2026 was approximately 48 million, accounting for less than 1% of overall revenue. The main business model is that the company purchases its chip modules from Nvidia, develops its own hardware solutions, produces finished machines, and sells them to downstream multi-scenario customers. It does not involve cooperation in core technology fields such as chip design.
The subsidiary Tengyun Intelligent Computing launched the HAT cloud platform in August 2025. It is still in the commercial development stage. The revenue ratio for the first three quarters of 2026 is less than 1%. Currently, the market computing power service industry is fiercely competitive, and there is uncertainty about the computing power purchase budget and industry capital expenditure cycle for downstream customers; if the speed of platform customer expansion, order size, and payment conversion rate fall short of expectations, it will adversely affect the revenue and profit growth of the subsidiary's computing power business.