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On January 12, Transwarp Technology issued a statement revealing that over the two consecutive trading days of January 9 and 12, the cumulative rise in the closing price of its stock surpassed 30%, indicating unusual volatility in stock trading. Following a self-assessment, the company clarified, as of the announcement's release, that it has not ventured into the commercial aerospace sector and bears no connection to Shanghai Transwarp Poly Energy Technology Co., Ltd. Presently, Transwarp Technology is in the early stages of research and development, along with collaborative optimization of AI database and associated technologies. These initiatives are nascent, with undefined technical solutions, application scenarios, and market advantages. Consequently, they have not yet exerted a substantial influence on the company's financial performance.
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