Genew(SH:688418) Xin Lang Cai Jing·2026-02-09 12:28Core Viewpoint - Zhenyou Technology (SH688418) experienced a nearly 10% drop in stock price following a military procurement announcement regarding the company's discredit due to violations in bidding practices, including the submission of false materials [1] Group 1: Company Actions and Consequences - The military procurement network announced a one-year ban on Zhenyou Technology from participating in military material engineering service procurement activities due to the violations [1] - During the ban period, the company's legal representative, Wu Minhua, and other enterprises he controls are also prohibited from participating in military procurement activities [1] - The company plans to conduct a comprehensive review of its internal operational processes in specialized business areas to ensure future compliance and proper conduct [1] Group 2: Financial Impact and Response - The company is currently assessing the potential impact of the penalties on its revenue projections for 2026 and will provide updates through official announcements or Q&A formats [1]