---
title: "Nuobikan distances itself from supplier’s revenue misstatement case"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285964575.md"
description: "Nuobikan Artificial Intelligence Technology (Chengdu) Co. Ltd. has clarified its relationship with supplier Hengxin Shambala Culture Co. Ltd., which faced penalties for accounting irregularities. Nuobikan emphasized that its own accounting practices are proper and unrelated to Hengxin's revenue misstatement. The company urged shareholders to exercise caution in trading its shares, aiming to maintain market confidence and distance itself from the supplier's regulatory issues. Nuobikan operates in the AI technology sector and is listed in Hong Kong with a market cap of HK$6.14B."
datetime: "2026-05-11T14:39:19.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285964575.md)
  - [en](https://longbridge.com/en/news/285964575.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285964575.md)
---

# Nuobikan distances itself from supplier’s revenue misstatement case

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Nuobikan Artificial Intelligence Technology (Chengdu) Co. Ltd. Class H ( (HK:2635) ) has shared an announcement.

Nuobikan Artificial Intelligence Technology (Chengdu) Co. Ltd. has clarified its relationship with supplier Hengxin Shambala Culture Co. Ltd., after the latter was penalised by the China Securities Regulatory Commission for accounting irregularities linked to computing power system integration and software transactions in 2022. The company stressed that its dealings with Hengxin Shambala were normal, that its own accounting for those transactions is proper, and that the supplier’s misstatement of revenue has no connection to recent share price volatility or any undisclosed inside information.

The board emphasised that Nuobikan had no knowledge of Hengxin Shambala’s false revenue recognition and that all previous transactions between the two parties are genuine and valid. It also warned shareholders and potential investors to exercise caution when trading the company’s shares, signalling a focus on maintaining market confidence and distancing its operations and reporting practices from the supplier’s regulatory breach.

**More about Nuobikan Artificial Intelligence Technology (Chengdu) Co. Ltd. Class H**

Nuobikan Artificial Intelligence Technology (Chengdu) Co. Ltd. is a joint stock company incorporated in the People’s Republic of China and listed in Hong Kong. The company operates in the artificial intelligence technology sector, focusing on computing power system integration and related technical services for enterprise clients.

**Average Trading Volume:** 2,329,551

**Current Market Cap:** HK$6.14B

For a thorough assessment of 2635 stock, go to TipRanks’ Stock Analysis page.

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