High Point Corporation: alerting about large stock price increases, financial losses, and investment risks.

Hingho Group announced that the company's stock price has recently increased more than the relevant index, posing a risk of a rapid decline after a short-term rise. The estimated revenue for 2025 is 492 million yuan, with a net loss of 51.9035 million yuan and a non-GAAP net loss of 62.9156 million yuan. The company plans to invest 400 million yuan in Jiangyuan Technology, and after the transaction is completed, it will hold 14.53% of its equity. Jiangyuan Technology is in its early stages, with losses in 2024 and from January to October 2025, and there are risks of not achieving expected benefits in future operations or even investment failure.