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Nanxing Co., Ltd. released an announcement noting that the cumulative drop in its stock's closing price over three consecutive trading days has surpassed 20%, indicating abnormal fluctuations in stock trading. Certain media outlets have positioned the company as a trending AI-related concept stock. In response, the company clarified that its subsidiary, Guangdong Weiyi Network Technology Co., Ltd., is mainly involved in IDC (Internet Data Center) and cloud computing services, offering solutions such as data centers, cloud computing platforms, and cloud networking. At present, the revenue derived from AI-related operations constitutes a relatively minor portion of the company's total operating income and is not anticipated to significantly influence the company's overall financial performance.
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