Zhenai Home: Company Does Not Involve AI Business, Main Business Operations Have Not Undergone Material Changes

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People’s Financial News, March 15 — True Love Home (003041) announced on March 15 that there was abnormal fluctuation in its stock trading. The company’s stock price has deviated by more than 20% over the past two trading days. The company has noticed media reports circulating online about rumors that after the acquisition, the company will “change its main business” or be “backdoor listed.” After verification, the company’s main business remains focused on the research, design, production, and sales of home textiles primarily made of blankets, and does not involve artificial intelligence business. The company’s main business has not undergone significant changes. The controlling shareholder also has no plans or arrangements to backdoor list through the listed company within the next 36 months.

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