Sumavision Technologies

Bohui Technology disclosed a stock trading risk warning announcement on the evening of September 16, stating bluntly that the company's share price has risen sharply in the short term and diverges from its performance, and that there is irrational speculation. The company's shares closed at the daily limit-up price for three consecutive trading days, September 14, September 15, and September 16, 2026. On September 14 and September 15, the cumulative deviation of closing price gains exceeded 30%, constituting abnormal stock trading fluctuations. Behind the unusual share price movement, controlling shareholders and actual controllers Sun Chuanming and Guo Zhongwu, together with their concert party Beijing Boju Ruizhi Investment Consulting Center Limited Partnership, as well as shareholders Beijing Sumavision Technologies Company Limited, Zheng Jinfu, Wang Rongfang, and Chen Heng, plan to transfer by agreement a total of 11.6956 million unrestricted tradable shares to Shenzhen Mingxin Hongzhi Technology Partnership Limited Partnership, representing 14.60% of the company's total share capital. This matter has not yet been completed, and the company has clearly stated that there remains some uncertainty as to whether it will ultimately be finalized. After the transfer is completed, Mingxin Hongzhi will hold 14.60% and become a shareholder with more than 5% ownership, while the controlling shareholders and actual controllers will remain Sun Chuanming and Guo Zhongwu, with no change in control. The company's 2026 semi-annual report shows that in the first half of the year it achieved operating revenue of 40.129 million yuan, down 21.63% year on year; net loss attributable to the parent company was 20.7388 million yuan, with the loss widening by 22.70% compared with the same period last year; net loss after deducting non-recurring items was 23.8212 million yuan, with the loss widening by 22.69%; net cash flow from operating activities was negative 48.9689 million yuan, and basic loss per share was 0.26 yuan.

Sumavision released its 2026 interim report on August 22, 2026. The company's total operating revenue was 276 million yuan, net profit attributable to the parent company was 22.6899 million yuan, and net cash inflow from operating activities was 34.716 million yuan. The company's latest asset-liability ratio was 7.61 percent, up 0.10 percentage points from the previous quarter. The latest gross margin was 49.67 percent, down 6.75 percentage points from the previous quarter and down 7.20 percentage points from the same period last year. The latest return on equity was 0.56 percent, and diluted earnings per share was 0.02 yuan. The company's latest total asset turnover was 0.06 times, and the latest inventory turnover was 0.59 times. The number of shareholders was 74,900, and the top ten shareholders held 273 million shares, accounting for 19.13 percent of the total share capital.

Beijing Sumavision Technology Company Limited independent director Zou Feng has submitted a written resignation report for personal reasons, stepping down from the roles of independent director of the seventh board of directors, chair of the nomination committee, and member of the strategy committee. After resigning, he will no longer hold any position at the company. Since Zou Feng's resignation would cause independent directors to no longer constitute a majority on the relevant special committees, his resignation will take effect after the shareholders' meeting elects a new independent director. Until then, Zou Feng will continue to perform his duties. As of the announcement date, Zou Feng holds no company shares and has no outstanding commitments that need to be fulfilled.