Aerospace Electronic: Stock price fluctuation indicates risk.

Aerospace Electrical Announcements that from November 28 to December 5, 2025, the company's stock price rose limit up for 4 days out of 6 trading days, and there were 2 abnormal fluctuations, with a total deviation of 60.83%. The turnover rate is high, and there is a risk of irrational speculation. As of December 4, the company's price-to-book ratio and price-to-earnings ratio are both higher than the industry average. In the first three quarters of 2025, the company's revenue was 2.652 billion yuan, a year-on-year decrease of 36.10%, and a net loss of 247 million yuan, with an increasing loss. The company's main business is automotive thermal systems and photovoltaic industries, not involving commercial aerospace. At present, both the photovoltaic and automotive parts sectors are facing challenges, and domestic photovoltaic power station operations may also face financial constraints.