002565, second consecutive limit-up! Company issues urgent statement!

Shunhao Shares Hits Two Limit-Ups: The “Days and Days Calculation” Business of Track Dawn May Only Have Clear Commercial Value in the Next 5 Years

On March 18, Shunhao Shares (002565) announced that the company currently only holds an equity stake in Track Dawn as an investor. The “Days and Days Calculation” business of Track Dawn may only have clear commercial value within the next five years, and the “Ground Data Center” business of Space Data Center may gradually gain a competitive edge over ground data centers in 5 to 10 years.

The company is focused on “Environmentally Friendly Low-Carbon New Materials + Biomedicine,” engaging in the research, production, and sales of specialized eco-friendly paper, printed materials, and deep processing and application development of industrial hemp. The announcement shows that the company’s stock price increased by more than 20% in cumulative deviation from the previous two trading days from March 17 to March 18, triggering abnormal fluctuation standards.

Previously, during institutional research, Shunhao Shares introduced that Beijing Xingchen Future Space Technology Research Institute and its indirectly controlled Track Dawn are the leading units, responsible for “Overall Design Department” and “Construction and Operation” respectively. They jointly formed the Space Data Center Innovation Consortium to promote cutting-edge interdisciplinary technologies, key core technology breakthroughs, component development, engineering construction, and industry applications.

In the announcement on the evening of the 18th, Shunhao Shares stated that the company currently only holds an equity stake in Track Dawn as an investor. Its existing business has not generated synergy with Track Dawn’s business, and the company’s main operations are unlikely to change significantly in the near term. The business of Track Dawn is affected by multiple factors and faces risks such as longer industrialization and commercialization cycles and the possibility of not meeting expectations.

“These investment matters have a limited impact on the company’s operating performance, and related industry development is still in the early stages,” Shunhao Shares reminded. Track Dawn is still a startup and has not yet achieved profitability, which may impact the company’s profits and losses in the future.

Financial data shows that in the first three quarters of 2025, Shunhao Shares achieved a net profit attributable to the parent of 67.319 million yuan, a year-on-year increase of 20.29%; net profit deducting non-recurring gains and losses attributable to shareholders of the listed company was 22.134 million yuan, down 61.12% year-on-year.

Additionally, the company reminded that it is currently planning to sell a 60% stake in its controlling subsidiary, Shanghai Lvxin Electronic Technology Co., Ltd. The related transaction may have a slight impact on the company’s net profit and could trigger disclosure requirements. The specific transaction plan is still under discussion, and no formal agreement has been signed with any transaction counterparties. It is not expected to constitute a major asset restructuring.

Proofread by: Liu Rongzhi