Zhanpeng Technology: Stock abnormally fluctuating, 2025 performance may result in a loss.

Zhanpeng Technology announced that the closing price of the company's stock on January 9, 12, and 13, 2026, consecutively exceeded 20% of the deviation, which is considered abnormal fluctuation. After self-inspection, the company, controlling shareholders, and actual controllers did not have any undisclosed significant information. In the first three quarters of 2025, the company's revenue was approximately 2.26 billion yuan, with a net loss of approximately 540 million yuan. The development of military simulation business did not meet expectations, and it is expected that the goodwill recognized for the acquisition of Lingwei Military Integration, amounting to about 2.76 billion yuan, will be impaired in 2025. Preliminary calculations show that the net profit in 2025 will be negative, and the performance will be at a loss. The company reminds investors to be cautious of risks.