SHNML: The company does not possess the attributes of rare earth permanent magnet concepts

According to the Zhitong Finance APP, SHNML issued a risk warning announcement stating that recently, some media outlets have reported the company as a rare earth permanent magnet concept stock. After a comprehensive self-examination and verification, the company confirms that as of now, its main business and existing product system do not involve the rare earth permanent magnet related fields, nor does it have any relevant business layout or technological reserves. This is to clarify that the company does not possess the attributes of a rare earth permanent magnet concept