According to Sanwang Communications's announcement, the cumulative deviation value of the closing price increase of the company's stock exceeded 30% for three consecutive trading days from July 21 to July 23, 2026, which is an abnormal fluctuation. After self-inspection and verification with the controlling shareholders and actual controllers, as of July 23, the company had no obligation to disclose important matters, and production and operation were normal. On July 23, the board of directors of the company passed a bill related to the 2026 restricted stock incentive plan, which still needs to be reviewed by the shareholders' meeting. As of July 23, the company's closing price was 30.07 yuan/share, and the rolling price-earnings ratio was 101.60 times higher than the industry average, reminding investors to be aware of risks.

According to Sanwang Communications's announcement, the cumulative deviation value of the closing price increase of the company's stock exceeded 30% for three consecutive trading days from July 21 to July 23, 2026, which is an abnormal fluctuation. After self-inspection and verification with the controlling shareholders and actual controllers, as of July 23, the company had no obligation to disclose important matters, and production and operation were normal. On July 23, the board of directors of the company passed a bill related to the 2026 restricted stock incentive plan, which still needs to be reviewed by the shareholders' meeting. As of July 23, the company's closing price was 30.07 yuan/share, and the rolling price-earnings ratio was 101.60 times higher than the industry average, reminding investors to be aware of risks.