豫能控股：公司仅参股投资先天算力，不会合并先天算力财务报表

Core Viewpoint - The stock of YN Holdings has experienced abnormal trading fluctuations, with a cumulative closing price increase of over 20% on February 13 and February 24, 2026, triggering regulatory scrutiny [1] Group 1: Stock Performance - YN Holdings' stock price has shown a significant increase, with a cumulative rise exceeding 20% over two consecutive trading days [1] - The abnormal trading activity is in accordance with the Shenzhen Stock Exchange's trading rules, indicating potential investor interest or speculation [1] Group 2: Investment Announcement - On February 11, 2026, YN Holdings disclosed a notice regarding a planned equity investment and related party transactions [1] - The audit and evaluation of the assets involved in the investment are still ongoing, and details such as the amount and proportion of the capital increase have not yet been determined [1] - The investment constitutes a related party transaction, requiring approval from the company's board and shareholders [1] Group 3: Uncertainty and Operational Details - The agreements related to the investment have not been signed, leading to significant uncertainty regarding the company's participation in the transaction [1] - YN Holdings will only make an equity investment in the target company, "Innate Computing," without consolidating its financial statements or participating in its specific operations [1]