Zhonghe Technology: Currently, the company's low-orbit satellite business is still in the research and development stage and has not generated any revenue.

date
26/04/2026
Zhonghe Technology announced that the company's stock had a cumulative deviation in the closing price for three consecutive trading days from April 22nd to 24th, which amounted to 22.70%, indicating abnormal fluctuations in stock trading. The company clarified that the "low-orbit satellite" business, which has recently been of market interest, is still in the incubation or research and development stage, with no revenue or minimal revenue generated, accounting for less than 1% of the total revenue; the revenue contribution of the "synthetic biology" sector is also less than 1%; Kun Teng Infrared, a company related to the "optical chip" concept, has just established a joint venture subsidiary which has not yet generated orders or income, and the future development is uncertain. These businesses are not expected to have a significant impact on the company's performance in the short term. Additionally, the company expects a net loss of -40 to -60 million yuan in 2025. Upon verification, the company has not withheld any major undisclosed matters, and the largest shareholder and directors have not bought or sold company stocks during the abnormal fluctuations.