Transwarp Technology (688031.SH) Clarifies It Does Not Operate Commercial Aerospace Business and Is Unrelated to Shanghai Transwarp Fusion Technology

Stock News
Jan 12

Transwarp Technology (688031.SH) has issued an announcement regarding unusual stock price movements. Following a self-review, the company clarified that, as of the announcement date, it does not actually engage in commercial aerospace business and has no relation to Shanghai Transwarp Fusion Technology Co., Ltd. The company is currently conducting preliminary research, development, and joint optimization related to technologies such as AI databases. However, these initiatives are still in the early exploratory stages. The relevant technical solutions, application scenarios, and market benefits all carry significant uncertainty and have not yet had a material impact on the company's performance. Investors are advised to maintain a rational perspective.

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