Announcement on Severe Abnormal Fluctuations in Stock Trading and Risk Warning
The company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Special Reminder:
- Aowei Communication Co., Ltd. (hereinafter referred to as "the Company") reported negative net profits for 2024, both audited and after deducting non-recurring gains and losses, with operating revenue below 300 million yuan. Rongcheng Certified Public Accountants (Special General Partnership) issued an audit report with no opinion on the Company's 2024 financial statements. The Company has triggered the provisions of Article 9.3.1 (1) and (3) of the Shenzhen Stock Exchange Listing Rules and will be subject to delisting risk warning starting April 29, 2025.
- The Company disclosed its "2025 Third Quarter Report" on October 31, 2025, reporting operating revenue of 34,002,503.53 yuan for the first nine months of 2025, with a net profit attributable to shareholders of -187,637,220.10 yuan, and a net profit attributable to shareholders after deducting non-recurring gains and losses of -167,982,935.33 yuan. If the Company meets the conditions specified in Article 9.3.12 of the Shenzhen Stock Exchange Listing Rules for 2025, its stock will be delisted. Investors are advised to be aware of investment risks.
- As of January 27, 2026, the Company's stock has closed with a total market value below 500 million yuan for eighteen consecutive trading days. If the stock closes below 500 million yuan for twenty consecutive trading days, it will be delisted from the Shenzhen Stock Exchange.