---
title: "6 days 4 boards BIYI: Shanghai Lipai has not yet turned a profit, and the company's shareholding ratio is relatively small with no significant impact"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/224063312.md"
description: "BIYI announced that due to the stock price increasing by more than 20% continuously from December 31, 2024, to January 3, 2025, it triggered abnormal fluctuations. The company invested 30 million yuan in the AR optical display company Shanghai LiPai, holding a 5.3764% stake, which has little impact on the company. Shanghai LiPai has not yet turned a profit"
datetime: "2025-01-06T11:55:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/224063312.md)
  - [en](https://longbridge.com/en/news/224063312.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/224063312.md)
generator: "portal-rs"
---

# 6 days 4 boards BIYI: Shanghai Lipai has not yet turned a profit, and the company's shareholding ratio is relatively small with no significant impact

According to the Zhitong Finance APP, BIYI (603215.SH) announced that the closing price of its stock has deviated by more than 20% over three consecutive trading days on December 31, 2024, January 2, 2025, and January 3, 2025, triggering an abnormal fluctuation in stock trading, and it triggered a price limit again on January 6, 2025.

After the company's self-examination, it was found that the market has recently paid more attention to AR glasses-related concepts. The company has invested RMB 30 million in Shanghai LiPai Optical Technology Co., Ltd. (referred to as "Shanghai LiPai") in the AR optical display field, holding a 5.3764% stake, which is a small proportion and will not have a significant impact on the company. This investment did not reach the disclosure standard for temporary announcements, and the company has disclosed it in its 2023 annual report and 2024 semi-annual report. As of now, Shanghai LiPai has not yet made a profit

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**