Core Viewpoint - The company, Aoke Co., Ltd. (奥克股份), is experiencing a decline in stock price and is facing questions regarding its profitability and product sales, particularly in the context of its PEG products and new capacity planning. Group 1: Stock Performance - As of February 5, 2026, Aoke Co., Ltd. closed at 9.56 yuan, down 3.43%, with a turnover rate of 1.81%, a trading volume of 122,800 shares, and a transaction amount of 119 million yuan [1]. Group 2: Investor Inquiries and Company Responses - The company has not yet turned a profit in its non-recurring profit for 2025, raising concerns about the sales performance of traditional and new energy materials products, as well as the sales proportion of PEG products and future capacity planning [2]. - The major shareholder's pledge of a significant number of shares has led to questions about their confidence in the company; however, the company asserts that the pledge is based on the shareholder's financial needs and that operations are running normally [2]. - The company is developing PEG 3350, which is primarily used in medications for treating constipation or preoperative bowel cleansing, and it is currently in the approval stage [2]. - The company is exploring the market for its silver recovery catalyst technology and is seeking qualified enterprises for the disposal of silver-containing waste catalysts [2]. - Aoke Co., Ltd. is actively tracking industry technology developments and customer needs to develop high-precision applications, including a new photolithography raw material for 2026 [2]. - The company has introduced nearly 1,000 tons of isocyanate ester, which has various applications in PVC stabilizers, coatings, polymer material modification, flame retardants, and plasticizers [2]. - The company clarified that its sale of nearly five tons of silver does not involve futures hedging transactions, addressing concerns about potential speculative trading [2]. Group 3: Market Dynamics - On February 5, 2026, the main funds experienced a net outflow of 6.6884 million yuan, while speculative funds saw a net inflow of 6.8889 million yuan, indicating significant market speculation [3]. - Retail investors had a net outflow of 200,500 yuan on the same day [3].