---
title: "SNC Net warns of risks: the company does not hold data centers, and the stock price is subject to significant irrational speculation"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/227890468.md"
description: "SNC Net announced a risk warning, stating that the company does not own data centers and that the stock price is subject to obvious irrational speculation. Since January 22, 2025, the stock has hit the daily limit for 9 consecutive trading days, with a cumulative increase of 114.45%, but the fundamentals have not significantly improved. A substantial decline in performance is expected for the 2024 fiscal year, with considerable trading risks and the possibility of a rapid drop. The company mainly engages in IT operation and maintenance products and services, and its current AI intelligent body business is still in the research and development stage, with uncertain revenue"
datetime: "2025-02-11T12:38:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/227890468.md)
  - [en](https://longbridge.com/en/news/227890468.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/227890468.md)
generator: "portal-rs"
---

# SNC Net warns of risks: the company does not hold data centers, and the stock price is subject to significant irrational speculation

According to the Zhitong Finance APP, SNC Net (605398.SH) announced that its stock has hit the daily limit for 9 consecutive trading days since January 22, 2025, with a cumulative increase of 114.45%, while there have been no significant positive changes in the company's fundamentals during the same period. According to the performance forecast for 2024 disclosed by the company on January 17, 2025, a significant decline in performance is expected for the year 2024. The current stock price of the company shows obvious irrational speculation, with high trading risks and the possibility of a rapid decline at any time.

The announcement indicates that the company is a multi-cloud full-stack intelligent operation and maintenance product and service provider, primarily offering IT data center operation and maintenance products and services. Its main business includes smart operation and maintenance products and implementation operation services, traditional third-party operation and maintenance services and engineering, traditional software products and development, and sales of original factory hardware and software services. The company does not own data centers and is not involved in the commercial operation of data centers. The company's IT operation and maintenance intelligent agent business is the application of AI agent technology in the IT operation and maintenance industry, which is significantly different from general AI agents in terms of product form and application scope. This business is currently in the research and development stage and has not yet generated revenue, with uncertainty regarding the success of future research and development and the ability to generate revenue

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