West Testing Test: The company's commercial aerospace-related business is still in the development stage, and uncertainties remain for the future.

(Source: Caixin)

The company’s revenue from commercial space-related activities in 2025 accounts for a small proportion of its total operating income for that year. This business is still in the expansion stage and remains uncertain in the future. It will not have a significant impact on the company’s current financial data or operating performance.

On March 19, Xice Testing (301306.SZ) issued an announcement regarding abnormal fluctuations in its stock trading. The company’s stock price has increased by more than 30% over three consecutive trading days. According to the relevant regulations of the Shenzhen Stock Exchange Trading Rules, this constitutes an abnormal fluctuation in stock trading.

In response to the abnormal stock trading fluctuations, the company’s board of directors has verified the matter with the company, its controlling shareholder, and its actual controller. Specifically, there are no corrections or supplements needed for previously disclosed information; the company has not found any recent public media reports of undisclosed significant information that could or has already significantly affected the company’s stock trading price; there have been no major changes in the company’s operating conditions or internal and external business environment recently; after verification, the company, its controlling shareholder, and its actual controller do not have any major undisclosed matters related to the company, nor are they in the planning stage; additionally, during the stock abnormality period, the controlling shareholder and actual controller did not buy or sell the company’s stock.

Self-inspection shows that the company has not violated fair disclosure of information; the company’s 2025 annual report is scheduled to be disclosed on April 28, 2026, and the relevant preparation is proceeding normally. According to the Shenzhen Stock Exchange rules, the company has already disclosed its 2025 performance forecast, which does not require correction; the company plans to sign an investment agreement with Xi’an Triangle Defense Co., Ltd., Xi’an Ruitou Energy Technology Co., Ltd., and Shaanxi Aerospace Power Research Institute Co., Ltd. to jointly establish a joint venture. However, as of the date of this announcement, the agreement has not been signed, nor have business registration procedures been completed, and there is still uncertainty. The revenue from commercial space-related activities in 2025 accounts for a small proportion of the company’s total operating income for that year. This business is still in the expansion stage and remains uncertain, which will not significantly impact the company’s current financial data or operating performance. The company hereby reminds investors to make cautious decisions and be aware of investment risks.