7 days 5 boards & stock price hits all-time high INESA Intelligent Tech Inc. (600602.SH): Revenue related to Aliyun and Tencent Cloud accounts for about 1%

date
24/02/2025
avatar
GMT Eight
INESA Intelligent Tech Inc. (600602.SH) announced that the closing prices of the company's stock on February 20th, 21st, and 24th, 2025, had deviated by more than 20% for three consecutive trading days, constituting abnormal fluctuations in stock trading as stipulated by the Shanghai Stock Exchange trading rules. The company has noticed that the market has recently classified the company as a concept stock of Alibaba and Tencent. The company clarifies the following: INESA Intelligent Tech Inc.'s main business includes cloud services and big data, industry solutions, and intelligent products. There have been no significant changes. The company has cooperated with Alibaba Cloud and Tencent Cloud in the cloud services business, including jointly providing services to customers. In 2023, the revenue generated from the cooperation with these two companies in the cloud service business accounted for approximately 1% of the company's total revenue, which does not have a significant impact on the company's performance. There have been no significant changes in the cooperation since 2024.

Contact: contact@gmteight.com