5 consecutive daily limit up: Hangzhou Iron & Steel (600126.SH): revenue from computing power business accounts for a very small proportion.

Hang Zhou Iron & Steel (600126.SH) announced that since January 22, 2025, the company's stock has increased by 80.39%, while the industry index of Wande Steel has increased by 5.63% and the Shanghai Composite Index has increased by 2.33% during the same period. The company's stock has seen a significant increase in the short term compared to the industry index and Shanghai Composite Index, but there have been no major changes in the company's fundamentals, and there is no significant information that should have been disclosed but was not disclosed. The company has noted recent reports related to the deployment of DeepSeek by its subsidiary, DeepSeek. The company's main business is the production and sale of steel and its rolled products, and there will be no changes in the company's main business in the short term. The operation model of the company's computing power business mainly involves the purchase of hardware equipment and related software, integration to provide leasing services to customers, without involving the core technology research and development of computing power. It is expected to account for 0.06% of the company's total operating income in 2024, a very small percentage. The deployment of DeepSeek mentioned in the media reports refers to the installation of DeepSeek software in the systems of partners under the above business model. The company is not related to the core technology development and application of the DeepSeek system, and has no business dealings with Hangzhou Deep Search Artificial Intelligence Basic Technology Research Co., Ltd.