Jinshi Technology: The company has not yet conducted any business related to the concept of stablecoins

Jinshi Technology announced that the company has noticed a high level of market attention to the concept of stablecoins in recent times. The company signed a "Cooperation Framework Agreement" with Ant Technologies in January 2025 regarding the field of new energy business. Currently, the cooperation model is still being explored and no substantive business has been carried out yet; The company has not yet conducted any business related to the concept of stablecoins. The company's stock has hit the daily limit up for six consecutive trading days since June 3rd, with a cumulative increase of 76.51% and a cumulative turnover rate of up to 29%. Recently, the company's stock price has risen sharply, with a sharp increase in turnover rate and transaction volume, far higher than the previous level. The short-term increase has seriously deviated from the same period of the Shenzhen Stock Exchange index, and the irrational volatility characteristics are prominent, indicating an overheated market sentiment. The company particularly reminds investors to pay attention to the risks of secondary market trading, make cautious decisions, and invest rationally.