Qiming Information Responds to Share Price Surge, Clarifies No Role in FAW-GAC Partnership Talks

Stock News
Yesterday

Qiming Information Technology Co.,Ltd. (002232.SZ) has issued a stock price fluctuation announcement in response to recent market volatility. The company clarified that it did not participate in the planning, negotiation, or signing of the letter of intent between China FAW Group Co., Ltd. (referred to as "FAW") and Guangzhou Automobile Group Co., Ltd. (referred to as "GAC Group"), and that this cooperative matter does not involve the company.

Furthermore, Qiming Information Technology Co.,Ltd. stated that during the first half of 2026, it had no business transactions with GAC Group or its affiliates. The company attributed the notable share price swings in the A-share cybersecurity sector to factors such as the upcoming 2026 National Cybersecurity Awareness Week activities.

The company's primary business includes cybersecurity operations, mainly providing integrated network security management, operations, and maintenance solutions for large enterprise groups. It develops products such as situational awareness systems and connected vehicle security technologies, while also offering around-the-clock security emergency response services and technical support for preventing major cybersecurity incidents.

In fiscal year 2025, revenue from the cybersecurity business accounted for 5.08% of the company's total revenue. Currently, this business segment is operating steadily, and there are no undisclosed material contracts or new orders that require disclosure. Regarding the emerging embodied intelligence robotics sector that has attracted recent market attention, the company is focusing its research and development on core application scenarios and end-to-end service capabilities. It is exploring large-scale applications of embodied intelligence in manufacturing contexts, rather than engaging in the design, development, or production of embodied intelligent robot hardware and software, which has not yet generated any commercialized application.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10