Chinese Satellite: The company's fundamentals have not experienced any significant changes, but the stock price has deviated from the fundamentals.

Chinese satellite announces abnormal movement, on January 12, 2026, the company's stock closed at the daily limit price. Since December 3, 2025, the closing price of the company's stock has increased by 179.16%, while the military industry sector of the SHENWAN index increased by 40.68% during the same period, and the Shanghai A index increased by 7.42%. The company's stock has shown a significant short-term increase compared to the industry and the Shanghai index during the same period, but the company's fundamentals have not undergone major changes. There is a risk of market sentiment overheating and irrational speculation. The company's stock has shown a "hot potato" effect, with trading risks being extremely high, and there is a risk of a rapid decline in stock prices in the short term. Currently, the stock price is at its historical high, and the company's stock price has deviated from its fundamentals. Investors are advised to pay attention to the risks of trading on the secondary market, make rational decisions, and invest cautiously.