Star Ring Technology: Stock abnormal fluctuations, revenue in 2025 reached 448 million yuan but still not profitable.

Xinghuan Technology announced that the company's A-share stock had a cumulative deviation of more than 30% in the closing prices for two consecutive trading days on March 5th and 6th, 2026, which is considered abnormal volatility. The company is currently operating normally, with no undisclosed significant information. The revenue in 2025 was 448 million yuan, an increase of 20.47% year-on-year, with a net loss of 245 million yuan. As of March 6th, the company's stock price was 253 yuan/share, experiencing high short-term volatility. Investors are reminded to be cautious of risks and invest rationally.