Weike Technology: The revenue share of the data center MPO project is relatively small

（Source: Caixin）

         Within three consecutive trading days, the cumulative closing price increase deviation exceeds 30%. Pursuant to the relevant provisions of the 《Shenzhen Stock Exchange Trading Rules》, this is considered a case of abnormal stock price fluctuations.            

On March 26, Weico Technology (301196.SZ) released an announcement stating that within three consecutive trading days, the cumulative closing price increase deviation exceeded 30%. Pursuant to the relevant provisions of the 《Shenzhen Stock Exchange Trading Rules》, this is considered a case of abnormal stock price fluctuations.

In response to the company’s abnormal stock price fluctuations, the board of directors conducted a review of relevant matters and verified the relevant matters with the company’s controlling shareholder and actual controller through methods such as telephone inquiries and written inquiries. Specifically, the information disclosed by the company in the prior period does not contain any need for correction or supplementation; at the same time, in the recent capital market, attention to concepts such as “fiber” has been relatively high, and the secondary market performance of related sectors has been fairly active. As of now, the company’s products in the optical communications field mainly include MPO fiber connector components and adapters, communication base station plastic housing, in-home fiber equipment housing, fiber optic cable communication housing, fiber access boxes, and access terminals, among other products. However, the revenue proportion of the data center MPO project is relatively small; from January 2025 to February 2026, it has only generated RMB 9.97 million in tax-exclusive revenue (unaudited). In addition, the company’s operating situation is normal in the recent period, and there are no material changes in the internal and external operating environment that have occurred or are expected to occur. It is worth noting that the company plans to acquire 70% of the equity interests of Fuzhou Xicheng Technology Co., Ltd. through capital increase and purchases, but this matter is still at the planning stage. Further due diligence and audit valuation are still required for the proposed acquired target company. The transaction plan still needs further demonstration, communication, and negotiation, and the transaction remains uncertain.

In terms of risk warnings, after conducting a self-check, the company states that it has not violated any requirements for fair disclosure of information. Meanwhile, the company plans to disclose its 《2025 Annual Report》 on April 29, 2026, and the preparation work for the annual report is currently proceeding in an orderly manner. The company does not have any circumstances requiring disclosure of a 2025 performance forecast in accordance with the relevant provisions of the 《Shenzhen Stock Exchange Stock Listing Rules》, nor does it have any circumstances of providing, to any third party other than the accounting firm that audits the company, any undisclosed annual performance information of the company. The company reminds the general investing public to be aware of investment risks and to invest prudently.

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