Shenzhen Heungkong Holding Co.,Ltd. (600162.SH) has issued a stock trading risk warning notice, highlighting significant uncertainties surrounding a recently signed agreement. On July 16, 2026, the company's wholly-owned subsidiary, Guangzhou Heungkong Cloud Technology Co., Ltd., entered into an Internet Data Center (IDC) business agreement with China Mobile Communications Group Ningxia Co., Ltd.

As of the date of this disclosure, the company has not yet obtained any customer orders for the Internet Data Center business. Furthermore, the contract requires monthly fee payments, which will impact the company's liabilities and cash flow. The company also faces the risk of failing to obtain the necessary business licenses and approvals from regulatory authorities, which could prevent the timely provision of business access. Additionally, the agreement may be subject to unforeseen factors such as policy changes or market environment shifts, potentially leading to the contract not being fulfilled on schedule or in its entirety.