Announcement on Abnormal Stock Trading Fluctuations
The company and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
Important Risk Warning:
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Shenzhen Smart Micro-Intelligence Technology Co., Ltd. (hereinafter referred to as the "Company") stock experienced abnormal trading fluctuations, with the cumulative closing price increase exceeding 20% for three consecutive trading days from June 16, 2026, to June 18, 2026. According to the relevant regulations of the Shenzhen Stock Exchange, this constitutes abnormal stock trading fluctuations. The company's stock price has risen by 112.61% since April. The cumulative short-term increase is significant. As of June 18, 2026, the company's stock closed at RMB 126.93 per share. According to data from the Wind Information website on June 18, 2026, the company's latest trailing P/E ratio was 122.11 times. The latest trailing P/E ratio for the industry in which the company is located (Computer, Communication, and Other Electronic Equipment Manufacturing) is 69.35 times. The company's P/E ratio deviates significantly from the industry's average valuation level, indicating potential market overheating and irrational speculation, which may lead to a rapid decline. We kindly remind investors to invest rationally and pay attention to the risks of the secondary market.
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Regarding market attention to the company's cooperation with Nvidia, the company became a member of Nvidia's Partner Network (NPN) in September 2024 and launched a series of products such as edge computing and embodied intelligence controllers based on Nvidia Jetson modules. The main business model is for the company to purchase chip modules from Nvidia, independently develop hardware solutions, produce finished products, and sell them to downstream customers in various scenarios. This does not involve cooperation in core technology areas such as chip design. The sales in this segment in 2025 are approximately RMB 30 million, accounting for less than 1% of the overall revenue.