Core Viewpoint - The company, Shannon Chip Innovation (300475.SZ), has disclosed that its main business of chip distribution and product development remains stable despite recent market reports of rising memory chip prices. The company warns investors about potential risks associated with stock price fluctuations that do not reflect changes in its earnings capacity [1][5]. Group 1: Stock Trading Anomalies - The company's stock experienced a cumulative price increase of over 30% across three consecutive trading days (November 6, 7, and 10, 2025), which qualifies as an abnormal trading fluctuation according to Shenzhen Stock Exchange regulations [4]. - The company has confirmed that there are no significant changes in its operational performance that would justify the recent stock price increase, indicating a potential disconnect between market trading and actual financial performance [5]. Group 2: Financial Performance - For the first three quarters of 2025, the company reported a sales revenue of 26.4 billion yuan, representing a year-on-year increase of 59.9%. However, the net profit attributable to shareholders decreased by 1.36% to 359 million yuan [5]. - The company emphasizes that its core business operations are normal and that there have been no major changes in its fundamentals, despite the market's perception of rising memory chip prices [5]. Group 3: Shareholder Actions - The Wuxi High-tech Zone New Kinetic Energy Industry Development Fund plans to reduce its holdings in the company by up to 4,637,737 shares (approximately 0.9976% of the total share capital) between November 11, 2025, and February 10, 2026, depending on market conditions and the company's stock price [1].