Pinggao Shares Warns of Potential Stock Volatility

Pinggao Shares issued a notice on April 17 regarding unusual stock activity, noting that the company's stock has seen significant gains, surpassing indices such as the Sci-Tech Innovation Composite Index and the Sci-Tech 50 Index. According to Jin10, this rapid increase may pose a risk of a subsequent decline. The company stated that its fundamentals have not undergone significant changes, and there is no undisclosed major information. Jiangyuan Technology, an associate company of Pinggao, is not included in Pinggao's consolidated financial statements and does not significantly impact its operations. Recently, Jiangyuan Technology's D10AI accelerator card was selected in the GPU model for the 2026 portable computing service technical specification by China Mobile (Suzhou) Software Technology Co., Ltd. However, the current procurement amount is small and does not significantly affect Jiangyuan Technology's operations. Jiangyuan Technology is still in its early investment stage and may face various risks in its future development, including macroeconomic factors, industry policies, and its own business cycle. These could lead to the failure to achieve expected benefits or even result in investment losses and impairment.