Group 1 - The company's ability to inject computing power industry business depends on the success of bankruptcy reorganization, compliance with relevant laws and regulations, and obtaining necessary approvals [1] - There is significant uncertainty regarding the timing, scale, and future profitability of the asset injection, with potential risks including intensified market competition leading to overall industry profit margin decline and extended cost recovery periods [1] - The proposed donation of the Halinger Intelligent Computing Center by industry investors has not yet been completed, posing risks of insufficient future funding and extended construction timelines [1] Group 2 - Increased market competition may result in underutilization of cabinet space at the Halinger Intelligent Computing Center, potentially leading to lower-than-expected profitability [1] - The income and profit scale of industry investors are relatively small, and there are risks associated with the company's lack of qualifications to undertake new orders from the same controlling entity [1] - Although the reorganization investment agreement has been signed, there are still risks related to the inability of the reorganization investors to fulfill their investment obligations due to insufficient funding [1]

【*ST东易：和林格尔智算中心尚未建成投产】智通财经10月21日电，*ST东易发布股价严重异动公 告，产业投资人拟向公司无偿捐赠的和林格尔智算中心尚未建成投产，存在未来大额资金投入不足、建 设时间周期延长的风险；且市场竞争加剧可能导致和林格尔智算中心机柜使用率不足，从而可能导致盈 利能力不及预期的风险。产业投资人收入、利润规模较小，由同一控制下主体长空建设导入新订单存在 上市公司缺乏相关资质无法承接、产业投资人及长空建设未能依据经营方案导入订单、订单规模与利润 水平面临市场竞争加剧而整体下滑等风险。 转自：智通财经 ...

Core Viewpoint - The ability of *ST Dongyi to inject computing power industry business depends on the success of bankruptcy reorganization, compliance with relevant laws and regulations, and obtaining necessary approvals [1] Summary by Relevant Sections - **Asset Injection Uncertainty** - The timing, scale, and future profitability of the asset injection are highly uncertain [1] - Potential risks include intensified market competition leading to overall industry profit margin decline and extended cost recovery periods [1] - **Investment Risks** - The proposed donation of the Halinger Intelligent Computing Center by industry investors has not yet been completed, posing risks of insufficient future funding and extended construction timelines [1] - Increased market competition may result in underutilization of cabinet space at the Halinger center, potentially leading to lower-than-expected profitability [1] - **Investor and Order Risks** - The revenue and profit scale of industry investors are relatively small, and the company may lack the qualifications to undertake new orders from the same controlling entity, Chang Kong Construction [1] - Risks include failure to introduce orders according to the operational plan and overall decline in order scale and profit levels due to intensified market competition [1] - **Reorganization Agreement Risks** - Although the investment-related agreement for the reorganization has been signed, there are risks that the investors may not fulfill their funding obligations as per the agreement [1] - There is a possibility that the agreement could be terminated, revoked, deemed ineffective, or unfulfilled [1]

Core Viewpoint - *ST Dongyi's stock price has experienced significant fluctuations, with a cumulative deviation of over 12% in closing prices over three consecutive trading days, indicating abnormal trading activity [1] Group 1: Company Situation - The company's ability to inject computing power business is contingent upon the successful implementation of its bankruptcy reorganization [1] - There is considerable uncertainty regarding the timing, scale, and future profitability of the asset injection [1] Group 2: Industry Risks - The company may face intensified market competition, which could lead to an overall decline in industry profit margins [1] - The recovery period for investment costs may be extended due to competitive pressures [1] - The proposed donation of the Halinger Intelligent Computing Center by industry investors has not yet been completed, posing additional risks [1] - The Halinger Intelligent Computing Center's cabinet utilization rate may be insufficient due to increased market competition, potentially resulting in lower-than-expected profitability [1]