EmbedWay(SH:603496) Shang Hai Zheng Quan Bao·2026-01-12 18:14Core Viewpoint - The stock of Hengwei Technology (Shanghai) Co., Ltd. experienced an abnormal trading fluctuation, with a cumulative closing price increase of 20% over three consecutive trading days, prompting the company to clarify its operational status and ongoing transactions [2][3]. Group 1: Stock Trading Abnormality - The company's stock price increased by a cumulative 20% on January 8, 9, and 12, 2026, which is classified as an abnormal trading fluctuation according to the Shanghai Stock Exchange rules [2][3]. - The company has confirmed that it is not involved in AI application-related businesses, despite the recent market hype surrounding AI [2][7]. Group 2: Company Operations and Transactions - The company has conducted a self-inspection and confirmed that its production and operational activities are normal, with no significant changes in the market environment or industry policies [4]. - Hengwei Technology is in the process of acquiring 75% of Shanghai Shuhang Information Technology Co., Ltd. through a combination of issuing shares and cash payments, with ongoing audits and evaluations for this transaction [5][7]. - As of the announcement date, the audit and evaluation work related to the acquisition has not been completed, and the target company has not yet been included in Hengwei's consolidated financial statements [5][7]. Group 3: Disclosure and Compliance - The company has verified that there are no undisclosed significant matters affecting the stock's trading fluctuations, and it has not identified any undisclosed information that should have been disclosed [6][11]. - The board of directors has confirmed that there are no undisclosed matters or plans that could significantly impact the company's stock price [11].