Ping An Electric (001359.SZ): The company's research and development of quartz cloth is currently still in the stage of sample verification and has not yet achieved industrial supply.

Zhtng Cijng APP xn, Png'n dingng (001359.SZ) fb gpio jioy ychng bdng gnggo chng, gngs gunzh do jnr "shyng b" ginin shudo shchng god gunzh, jizh gnggo r, gngs ynf de shyng b mqin rng chy sngyng ynzhng jidun, wi shxin chnyhu gngyng, xing chng shjin ni b hu du gngs jngyng yj chnshng rnh yngxing. X mngqu tsh: Godun shyng b du chnpn xngnng yoqi ynx, ynzhng chunq chng, xinggun sngyng jnzhn cnzi zhngd b qudngxng. Zhtng Cijng APP news, Ping An Electric (001359.SZ) issued a statement on the abnormal fluctuations in stock trading, stating that the company has noticed the recent high market attention to the concept of "quartz cloth." As of the date of the announcement, the company's research and development of quartz cloth is still in the sample verification stage and has not yet been industrialized. It will not have any impact on the company's operating performance for a considerable period of time. It is important to note that high-end quartz cloth has strict requirements for product performance, a long verification period, and significant uncertainties in the progress of sample testing.