Securities Code: 002829
Securities Abbreviation: Starry Sky Data
Announcement No.: 2026-048
Beijing Starry Sky Data Co., Ltd.
Announcement on Abnormal Stock Trading Fluctuations and Clarification and Risk Warning
The Company and all members of the Board of Directors guarantee the authenticity, accuracy, and completeness of the announcement's content, and that there are no false records, misleading statements, or major omissions.
Key Information Prompt
Beijing Starry Sky Data Co., Ltd. (hereinafter referred to as the "Company" or "this Company") stock (Securities Abbreviation: Starry Sky Data, Securities Code: 002829) deviated by a cumulative 27.64% for two consecutive trading days on July 16, 2026, and July 17, 2026. As of the close of trading on July 17, 2026, the Company's stock closing price was RMB 20.72 per share. The short-term fluctuation amplitude is relatively large, and investors are kindly reminded to pay close attention to the risks of secondary market trading.
The Company disclosed its "2026 Semi-Annual Performance Forecast" (Announcement No.: 2026-045) on July 9, 2026, predicting a net profit attributable to shareholders of the parent company of RMB 90 million to RMB 120 million for the first half of 2026.
The Company hereby solemnly clarifies: The above profit mainly comes from investment income generated by the Company's external investment projects. According to preliminary calculations, the impact on the current period's profit is approximately RMB 140 million. This income is non-recurring, is not sustainable, and is not sustainable. The Company's operating revenue declined year-on-year, and it still incurred losses after deducting non-recurring items.
The Company hereby solemnly clarifies: As of the disclosure date of this announcement, the Company's satellite communication business achieved an operating revenue of 12.33% of the Company's total operating revenue in 2025. There is no business connection with the recent market attention on the technological breakthrough of the Long March 10 rocket's sea recovery. The Company has not participated in the research and development or supporting supply of this project.
The Company is not undergoing cross-industry transformation or major industrial investment. In the fields of low-altitude economy, low-orbit internet, autonomous driving, and anti-drone technology that the market is concerned about, related businesses have not yet formed substantial revenue. The overall scale is small, and the revenue contribution is less than 5%, which does not affect the Company's short-term operating performance, and business expansion is uncertain.
On March 20, 2026, the Company received a regulatory letter from the Shenzhen Stock Exchange regarding "Beijing Starry Sky Data Co., Ltd." (Company Department Supervision Letter [2026] No. 34). The error was in the reporting of investment income from an associated enterprise in the Company's third-quarter report for 2025, where items that should have been accounted for as non-recurring gains were disclosed as recurring gains. This has since been corrected. The Company hereby reminds investors to prudently evaluate the sustainability of investment income.
I. Explanation of Abnormal Stock Trading Fluctuations
The Company's stock deviated by a cumulative 27.64% for two consecutive trading days on July 16, 2026, and July 17, 2026. According to the "Shenzhen Stock Exchange Trading Rules," this constitutes an abnormal stock trading fluctuation.