Shengyang Corporation: abnormal fluctuations in stock prices, liquid cooling and other businesses have not generated revenue yet.

Shengyang Stock announced that the closing prices of the company's stock on June 23 and 24, 2026, had a cumulative deviation exceeding 20%, which is considered abnormal volatility. As of the disclosure date of the announcement, the company's operations are normal, there are no undisclosed matters that should be disclosed, and the controlling shareholder and actual controller did not trade the company's stock during this period. Currently, the company's liquid cooling energy storage system has won bids but has not been delivered, generating no revenue. Sodium-ion and solid-state batteries are in the pilot application stage and have not generated revenue yet. It will take some time before mass production, and it is not expected to have a significant impact on performance in the short term. Investors are advised to make rational decisions and pay attention to trading risks.