Shanghai Film Group has issued an announcement addressing abnormal stock trading fluctuations and risk warnings. The company stated that the market has categorized it as an AI video concept stock. However, no significant changes have occurred in the company's production and operations. Its core businesses remain film promotion and distribution, cinema chain operations, and full-chain IP development. The AI video business is still in an early investment stage and remains small in scale. As of the end of October, revenue from this segment accounted for less than 0.5% of total revenue and is not expected to have a material impact on the company's performance.
