Shangwei new materials: stock price has deviated from the fundamentals, intelligent business has not generated revenue.

Shangwei New Materials announced that the company's stock has seen a significant increase since July 2025, with multiple instances of abnormal fluctuations. The stock has been suspended twice for investigation, and if the price continues to rise, a further suspension will be applied for. The company focuses on the intelligent robotics business for personal and home use, which is still in the development stage and has not yet entered mass production or sales. It has not generated revenue or profits, and is not expected to have a positive impact on performance in 2025, nor can the impact on 2026 revenue and profitability be predicted. In addition, the company has a small external float, and the price-earnings ratio is significantly higher than the industry average, reminding investors to be cautious of risks.