Shenma Power: The company is mainly engaged in the research, development, production, and sales of products such as power system substation composite outer insulation. The main business has not undergone significant changes.

Shenma Power has released an abnormal announcement, with the company's stock prices deviating by more than 20% for three consecutive trading days on February 25th, 26th, and 27th, 2026. Up to now, the company mainly engages in the research and development, production, and sales of products such as composite external insulation for power system substations, composite external insulation for transmission and distribution lines, and rubber sealing components. There have been no major changes in the company's main business and production operations. The company's production and operations are normal, internal production and operation order is normal, the business fundamentals and main business structure have not undergone major changes, and the internal and external business environment has not undergone major changes.