Core Viewpoint - Kosen Technology (603626.SH) clarifies its business operations in response to media categorization as an AI glasses and foldable screen concept stock, stating it does not produce AI glasses or their components, and that its foldable screen hinge assembly business has minimal impact on overall revenue [1] Group 1: Business Operations - The main business of Kosen Technology is the production of structural components for consumer electronics [1] - The company does not manufacture AI glasses or components related to AI glasses [1] - Kosen Technology's foldable screen hinge assembly business relies on a single customer and uses externally sourced components, contributing only 2.10% to total revenue projected for the first half of 2025 [1]

Core Viewpoint - The company, Kosen Technology, clarifies that it does not produce AI glasses or their structural components, despite being listed as an AI glasses concept stock by the media [1]. Group 1: Business Operations - The main business of the company is the production of structural components for consumer electronics [1]. - The company has a single customer for its folding screen hinge assembly business, which relies on externally sourced structural components [1]. Group 2: Financial Impact - The revenue generated from the folding screen hinge assembly business is estimated to account for only 2.10% of total revenue in the first half of 2025, indicating minimal impact on the company's overall performance [1].

Core Viewpoint - The company, Kunshan Kosen Technology Co., Ltd., has experienced significant stock price fluctuations that are not aligned with its fundamental business performance, indicating potential risks for investors [2][10]. Group 1: Stock Trading Anomalies - The company's stock price increased by a cumulative 77.24% from August 15 to August 22, 2025, with a notable trading halt on August 20, 2025 [2][10]. - The stock exhibited abnormal trading behavior, with a cumulative price deviation of 20% over three consecutive trading days from August 20 to August 22, 2025 [4][10]. - The trading volume was high, with a turnover rate of 14.89% on August 21 and 34.18% on August 22, leading to an overall turnover rate of 87.82% from August 15 to August 22, 2025 [2][10]. Group 2: Company Operations and Business Model - The company confirmed that its core business remains focused on the production of consumer electronics structural components, with only about 1% of revenue related to components for robots in the first half of 2025 [3][7]. - The company does not manufacture robot products or AI glasses, despite being associated with these concepts in media reports [3][7]. Group 3: Financial Performance - The company reported a net loss of 476.83 million yuan for the fiscal year 2024 and anticipates a net loss between 122 million yuan and 90 million yuan for the first half of 2025 [11]. - The company has not disclosed any significant undisclosed matters or events that could impact its stock price, confirming the stability of its operational environment [6][12].

Core Viewpoint - The company, Kunshan Kosen Technology Co., Ltd., has not experienced significant changes in its fundamentals, but its stock price has deviated significantly from its fundamental situation, posing potential risks for investors [1][2][4]. Stock Trading Anomalies - The company's stock price experienced a cumulative increase of 20% over three consecutive trading days from August 20 to August 22, 2025, which is classified as an abnormal trading fluctuation according to the Shanghai Stock Exchange rules [2][3]. - The stock has closed at the daily limit price for six consecutive trading days, with a cumulative price increase of 77.24% from August 15 to August 22, 2025 [4]. Trading Volume - On August 21, 2025, the stock's turnover rate reached 14.89%, and on August 22, it reached 34.18%. The turnover rate from August 15 to August 22 was 87.82%, indicating significant trading activity [1][4]. Business Operations - The company confirmed that its production and operational conditions are normal, with no significant changes in the internal and external business environment or its main business [2][3]. - The company does not produce robot products or AI glasses, and the revenue from structural components for robots accounted for approximately 1% of total revenue in the first half of 2025 [2][3]. Major Events and Disclosures - The company has verified that there are no undisclosed major events or information that should be disclosed, including significant asset restructuring, share issuance, or major business cooperation [2][4].

Group 1 - The core point of the article is that Kosen Technology (603626) has experienced a significant stock price increase, with a continuous rise for five trading days, reaching a price of 13.87 yuan per share and a trading volume of nearly 200,000 hands on the limit-up board [1] - The company has issued a warning regarding the potential risks of a price drop after a substantial short-term increase, as it has closed at the limit-up price for four consecutive trading days from August 15 to August 20, 2025 [1] - Kosen Technology expects to report a net profit attributable to the parent company of between -122 million yuan and -90 million yuan for the first half of 2025 [1] Group 2 - The company has been mistakenly categorized as a robotics concept stock by the media; however, it does not produce robotic products, with only about 1% of its total revenue in the first half of 2025 coming from structural components used in robots [1] - Additionally, Kosen Technology has been associated with the AI glasses concept stock, but it clarifies that it does not manufacture AI glasses or their structural components [1]

Core Viewpoint - The stock of Kunshan Kosen Technology Co., Ltd. has experienced significant price fluctuations, with a cumulative increase of 20% over three consecutive trading days, prompting a risk warning for investors [1][2]. Group 1: Stock Price Movement - The company's stock closed at the daily limit price for four consecutive trading days from August 15 to August 20, 2025, indicating a substantial increase in stock price [2]. - The stock's trading volume has shown considerable volatility, with turnover rates ranging from 1.50% to 29.47% during the same period [3]. Group 2: Financial Performance - The company is currently in a loss position, with a projected net profit attributable to shareholders expected to be between -122 million and -90 million yuan for the first half of 2025 [4]. Group 3: Business Operations - There have been no significant changes in the company's production and operational status compared to previous disclosures, and there are no undisclosed major matters [1]. - The company clarified that it does not manufacture robots or AI glasses, despite being associated with these concepts in media reports, with only about 1% of revenue from components used in robots [5].

Core Viewpoint - Kosen Technology (603626.SH) clarifies its business focus and revenue contributions related to robotics and AI glasses, emphasizing that it does not manufacture these products despite being associated with these concepts in media reports [1] Group 1: Business Operations - Kosen Technology's main business is the production of consumer electronics structural components [1] - The revenue from structural components used for robotics is projected to account for approximately 1% of total revenue in the first half of 2025 [1] Group 2: Media Associations - The company has been mistakenly categorized as a robotics concept stock by the media [1] - Kosen Technology has also been associated with AI glasses, but it does not produce AI glasses or their structural components [1]

Major Events - *ST Yazhen's stock trading suspension has been completed, and it will resume trading on August 21, 2025, after a price deviation of 33.92% from July 30 to August 6, 2025 [2] - Kosen Technology clarified that it does not produce AI glasses or related structural components, despite being listed in media reports as a robotics and AI glasses concept stock [3] Performance Reports - Kingsoft Office reported a 10.12% year-on-year increase in revenue to 2.657 billion yuan, with a net profit of 747 million yuan, up 3.57% year-on-year for the first half of 2025 [4] - Weicai Technology's revenue reached 634 million yuan, a 47.53% increase year-on-year, with a net profit of 101 million yuan, reflecting an impressive growth of 831.03% year-on-year [5] Shareholding Changes - Dongfang Zirconium's chairman plans to reduce his holdings by up to 1.315 million shares, representing 0.17% of the total share capital [6] - Nanjing New Hundred plans to reduce its repurchased shares by up to 6 million shares, accounting for 0.45% of the total share capital [7] - Gaode Investment intends to reduce its holdings by up to 537.6 million shares, which is 3% of the total share capital [8] - Xiamen International Bank plans to reduce its holdings by up to 17.74 million shares, representing 1% of the total share capital [9]

Core Viewpoint - Kosen Technology (603626.SH) issued a stock trading risk warning, clarifying that it does not produce robot products despite being listed as a robotics concept stock by the media [1] Group 1: Company Operations - The main business of the company is the production of structural components for consumer electronics [1] - Preliminary calculations indicate that revenue from structural components used for robots will account for approximately 1% of total revenue in the first half of 2025 [1] Group 2: Media Misrepresentation - The company has also been identified by the media as part of the AI glasses concept stock, but it does not manufacture AI glasses or their structural components [1]

Core Viewpoint - Kosen Technology (603626) has experienced a significant stock price increase, leading to a risk of potential decline after a substantial short-term rise [1] Group 1: Stock Performance - Kosen Technology's stock has closed at the daily limit price for four consecutive trading days [1] - The recent stock price increase has raised concerns about a possible downturn due to the large percentage rise [1] Group 2: Business Operations - The company has been mistakenly categorized as a player in the robotics sector by media, but it does not manufacture robotic products [1] - Kosen Technology's main business is the production of structural components for consumer electronics, with an estimated 1% of total revenue from structural components for robots in the first half of 2025 [1] - The company has also been associated with AI glasses, but it does not produce AI glasses or their structural components [1]