Welcome Intelligent Manufacturing (603070.SH): There have been no changes in the main products and main sources of income.

Announcement from Wecome Intelligent Manufacturing (603070.SH): The company's stock price has seen a significant increase in the short term, with a cumulative increase of 33.06% over the past three trading days. Additionally, the turnover rate on the most recent trading day reached 51.45%, indicating a substantial increase in trading volume and turnover rate compared to the past. The company's latest P/E ratio is 34.26, and the latest rolling P/E ratio is 61.11, significantly higher than the industry P/E ratio level. The company is currently engaged in the distribution switch control equipment business, with main products including high and low voltage electrical cabinets, ring network cabinet equipment, and gas-insulated switchgear equipment. The main products and revenue sources have not changed. Due to factors such as the macroeconomic situation and insufficient effective demand in downstream industries, the company saw a decline in operating revenue and net profit in the first three quarters of 2024. Investors are advised to pay attention to the risks of operating performance and make decisions cautiously.