Zhejiang Wenen Internet: Abnormal fluctuations in stock trading, prompting multiple risks.

Zhejiang Wenhui Interconnection announced that the company's stock has experienced abnormal fluctuations, with the closing prices deviating by over 20% for three consecutive trading days from January 20th to 22nd, 2026. In the first three quarters of 2025, the company's revenue was 5,604.70 million yuan, net profit was 126.62 million yuan, a decrease of 19.68% year-on-year, and non-GAAP net profit was 18.69 million yuan, a decrease of 78.62% year-on-year. The turnover rates of the stock on January 20th to 22nd were 11.52%, 29.29%, and 32.06%, which were higher than usual. The latest dynamic price-earnings ratio is 128.50, significantly higher than the industry average. The company warns of risks such as fluctuations in performance, high turnover rates, and high valuations.