Zhongheng Design: Declining revenue, stock price volatility, indicating multiple investment risks.

Zhongheng Design announced that the company's stock rose by the daily limit for three consecutive trading days from January 8th to 12th, 2026, with a significant deviation from the index and industry, indicating abnormal volatility. The company's revenue from January to September 2025 was 778 million yuan, a year-on-year decrease of 15.36%; net profit was 56.2681 million yuan, a year-on-year decrease of 15.85%. Both the static and rolling price-earnings ratios of the company are higher than the industry average. The revenue contribution of the "Commercial Aerospace" project from January to September 2025 was 0.39%, and the company invested in Zhihang Technology in 2023, holding a 2.12% stake, and the company is still in deficit. In addition, the controlling shareholder and concerted actor reduced their holdings by 1.75 million shares on January 8th. The company reminds investors to pay attention to risks and invest rationally.