Eazytec(SH:688258) Xin Lang Cai Jing·2026-01-12 19:03Core Viewpoint - Jiangsu Zhuoyi Information Technology Co., Ltd. experienced a significant stock price fluctuation, with a cumulative closing price increase of 30% over three consecutive trading days, triggering abnormal trading conditions as per Shanghai Stock Exchange regulations [2][4]. Group 1: Stock Trading Abnormality - The company's stock price increased by 30% cumulatively on January 8, 9, and 12, 2026, which is classified as an abnormal trading situation according to relevant regulations [2][4]. - As of January 12, 2026, the closing price was 131.88 yuan per share, with a rolling P/E ratio of 232.13, significantly higher than the industry average of 71.67 [3][9]. Group 2: Company Operations and Financials - The company conducted a self-examination and confirmed that there were no significant changes in its daily operations or market environment, and no major contracts or projects were being negotiated [5][6]. - The company’s AI programming products are still in the market introduction phase and have not yet formed a scalable product system, with current users primarily being free users, leading to high uncertainty in future revenue and cash flow contributions [10]. Group 3: Market and Competitive Landscape - The company utilizes open-source large language models like DeepSeek and Tongyi Qianwen for its AI programming products but does not directly develop these models or engage in business with companies that do [10]. - The AI programming sector is characterized by rapid technological updates and intense competition, posing risks of technology obsolescence and limited market share [10].