智明达：股票交易异常波动，商业航天营收贡献待察

Core Viewpoint - The company announced that its stock experienced an abnormal fluctuation, with a cumulative closing price deviation exceeding 30% over three consecutive trading days in January 2026, indicating unusual market activity [1] Group 1: Company Operations - The company confirmed that its production and operations are normal, and there are no undisclosed significant matters involving the controlling shareholder [1] - There have been no media reports identified that could have influenced the stock price [1] Group 2: Financial Performance - As of the first three quarters of 2025, the revenue from commercial aerospace embedded computers was 2,023 thousand, accounting for 3.97% of total revenue [1] - The company had approximately 2,000 thousand in hand orders by the end of the year, representing 4.8% of total revenue, with an unpredictable contribution to revenue [1]