Li New Energy's announcement stated that the cumulative deviation value of the company's stock closing price increase exceeded 20% from July 20 to 22, which is an abnormal fluctuation. By the close of trading on the 22nd, the company's rolling price-earnings ratio and net price-earnings ratio were higher than the industry average. The company faces risks such as untimely repayment of renewable energy subsidies and pressure on market-based electricity prices, and has no business layout related to the computing power industry. Net profit for the first half year of 2026 is expected to be 60 to 80 million yuan, down from the same period in 2023 and 2024. As of the end of June, the balance of renewable energy subsidies receivable was approximately $3.135 billion. Recent stock price fluctuations are driven by sentiment, and there is a risk of pullback fluctuations.

Li New Energy's announcement stated that the cumulative deviation value of the company's stock closing price increase exceeded 20% from July 20 to 22, which is an abnormal fluctuation. By the close of trading on the 22nd, the company's rolling price-earnings ratio and net price-earnings ratio were higher than the industry average. The company faces risks such as untimely repayment of renewable energy subsidies and pressure on market-based electricity prices, and has no business layout related to the computing power industry. Net profit for the first half year of 2026 is expected to be 60 to 80 million yuan, down from the same period in 2023 and 2024. As of the end of June, the balance of renewable energy subsidies receivable was approximately $3.135 billion. Recent stock price fluctuations are driven by sentiment, and there is a risk of pullback fluctuations.