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Off-topic for aiqbench

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Jindun Shares: Company's Low-Altitude Ducted Fan Propulsion Business Still in Early Industrialization Stage

36Kr1 min read

36Kr learned that Jindun Shares announced its stock price exceeded a cumulative 30% deviation from the closing price on two consecutive trading days, October 16 and October 19, constituting abnormal market fluctuation. The company noted recent high market attention to the low-altitude economy concept and provided the following clarification: The company specializes in R&D of high-end intelligent ventilation system equipment and smart manufacturing, with products widely used in key sectors including nuclear power, hydroelectricity, national defense projects, rail transit, and large-scale industrial and civil buildings. Regarding the low-altitude economy, the company's low-altitude ducted fan propulsion business is still in the early stage of industrialization, with significant uncertainty in market prospects; currently, revenue from this segment accounts for less than 1% of total operating income and has not yet achieved scaled revenue.

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