Daye Co., Ltd. has released an announcement addressing the abnormal fluctuations in its stock trading, aiming to dispel market rumors regarding its purported involvement in the commercial aerospace sector. Following a thorough self-assessment, Daye Co., Ltd. revealed that on June 30, 2021, it infused cash capital into Hubei Sanjiang Space Jiangbei Machinery Engineering Co., Ltd. (hereinafter referred to as "Jiangbei Company"), thereby acquiring a 4.216% equity stake post-capital increase. Jiangbei Company is predominantly engaged in the research, development, and production of aerospace products, including aerospace propulsion systems and radomes. Nevertheless, its current net profit margin remains relatively modest. Daye Co., Ltd. clarified that this investment constitutes a financial venture. Given the minor equity stake, the dividends and bonuses accrued are constrained, exerting a limited influence on the company's overall financial performance.