Zhitong Finance App News, Coson Technology (603626.SH) issued an announcement. The company's stock closed at a rising and stopping price for 3 consecutive trading days on March 25, 2024, March 26, 2024, and March 27, 2024. Stock prices have risen a lot recently, and there may be a risk of falling after a large short-term increase.

Recently, I noticed that the company was listed as a solid-state battery concept stock by the media. After the company's own investigation, the company does not produce solid-state battery products; the company's main business is consumer electronics structural parts and medical device structural parts.

The company holds 0.24% of the shares in the solid-state battery production and development company Qingtao (Kunshan) Energy Development Co., Ltd. (“Qingtao Energy”), which has a low shareholding ratio. At the same time, as a supplier of Qingtao Energy, the company provides battery peripheral structural products to Qingtao Energy and the companies it controls. From 2023 to now, it has generated revenue of 745,700 yuan.

On April 1, 2021, the company established Keson Qingtao (Kunshan) Energy Technology Co., Ltd. in a joint venture with Qingtao Energy. The joint venture is mainly engaged in R&D and production of new energy battery modules, chassis and other products, with a registered capital of 50 million yuan, and the company holds 81% of the shares. Keson Seitao (Kunshan) Energy Technology Co., Ltd. is currently in the preparation stage for operation.