Guosheng Technology: Warns of risks in stock trading, performance, investments, etc.

Guosheng Technology announced that the company's stock has experienced abnormal fluctuations twice in the short term, with large price fluctuations, and the price-to-book ratio of 15.16 is higher than the industry average of 3.30. It is expected that the net profit for 2025 will be between -650 million yuan to -325 million yuan. In October 2025, the company's subsidiary plans to increase capital by 230 million yuan to acquire Tieliang Global, with project loans not yet in place, posing liquidity and other risks; from 2025 to 2026, it plans to acquire 100% equity of Fuyue Technology for 241 million yuan, with the acquisition loan under review, posing risks of integration, impairment of goodwill, etc. In addition, the controlling shareholder has pledged 79.87% of its shares, accounting for 13.17% of the total share capital.