Zhaoyi Innovation Reports Stock Price Fluctuation

Zhaoyi Innovation has issued a notice regarding unusual stock price movements, as the company's stock price deviation exceeded 20% over three consecutive trading days. According to Odaily, this situation is classified as an abnormal stock trading fluctuation. Recent media reports have linked the company's stock to Changxin Technology Group Co., Ltd.'s initial public offering and listing. The company clarified that as of the report's disclosure date, it holds only 1.8% of Changxin Technology's total shares, a minor stake that does not allow significant influence over its business decisions. The investment in Changxin Technology is accounted for under 'other equity instrument investments.' The fair value changes resulting from Changxin Technology's IPO and listing will not directly impact Zhaoyi Innovation's net profit for the current or future fiscal years.