Re-tech: Stock price abnormally fluctuates, revenue and profits decrease in the first three quarters.

Sheng Technology announced that the closing price of the company's stock deviated by over 20% for three consecutive trading days from December 24th to 26th, 2025, which is considered abnormal fluctuation. In the first three quarters of 2025, the company's revenue was 985.1153 million yuan, a decrease of 10.11% year-on-year; net profit was 81.2543 million yuan, a decrease of 10.59% year-on-year. Controlling shareholder Guo Mao is planning to transfer part of the shares through an agreement, which still needs to go through the relevant procedures. The company's high-efficiency energy-saving materials accounted for approximately 0.5% of the revenue in the aerospace products sector in 2024, and there are currently no orders for "high-silicon oxygen fiber products". Furthermore, due to triggering the conditional redemption clause, the board of directors has decided to redeem the "R22 convertible bonds" ahead of schedule.