大涨！上交所火速问询688575

Core Viewpoint - The Shanghai Stock Exchange has issued an inquiry letter to Yahui Long, requesting additional disclosure regarding its cooperation with Brain Machine Star Chain Technology Co., Ltd. [2] Group 1: Cooperation Details - On January 6, Yahui Long announced the signing of a strategic cooperation framework agreement with Brain Machine Star Chain, focusing on clinical transformation and market expansion of brain-computer interface technology [5][9] - The inquiry letter requires Yahui Long to disclose the main technical routes, product types, application fields, and commercialization status of Brain Machine Star Chain, as well as the resources available for further development [10] - Yahui Long's stock price rose by 6.52% to 15.53 yuan per share, with a total market value of 8.874 billion yuan following the announcement [5] Group 2: Commercial Viability - Brain Machine Star Chain, established on September 2, 2025, has a registered capital of 5 million yuan and focuses on comprehensive diagnosis, treatment, and rehabilitation of brain diseases [9] - The strategic cooperation includes market promotion and revenue sharing, but the products under development, such as brainwave analysis devices and non-invasive brain-computer interface devices, have not yet entered the registration phase [10][11] Group 3: Research and Development Feasibility - Yahui Long and Brain Machine Star Chain plan to enhance R&D collaboration in pediatric, neurological, and metabolic fields [12] - The inquiry letter requests Yahui Long to provide details on the names and progress of in-development projects, as well as the expected investment amounts and collaboration methods [13] Group 4: Financial Considerations - Yahui Long's revenue and net profit for the first three quarters of 2025 decreased by 7.69% and 72.36%, respectively, with cash reserves of 465 million yuan [15][18] - The company is expected to provide specific arrangements for potential equity investments or financial support to Brain Machine Star Chain [17] - Yahui Long stated that the cooperation will not significantly impact its performance in the short term [18]