Institutional staff: Goldman Sachs has never issued a research report raising the target price of Victory Technology.

Recently, there have been rumors in the market that Goldman Sachs has significantly raised its target price for SinoHub Technology from 380 yuan to 895 yuan based on the company's second quarter performance and the growth potential of its AI business. They have also raised their 2027 net profit forecast to 27 billion yuan. However, a source close to Goldman Sachs told reporters that the rumor is not true and that Goldman Sachs has not released any related research reports. The reporters also could not find any related research report content on major research platforms.