3 consecutive boards of Zongheng Communication: Subsidiaries are engaged in the research and development and services of intelligent avionics flight control systems. The proportion of revenue from related businesses is less than 1%.

On October 21, Jinshi Data reported that Zongheng Communication issued a notice regarding the abnormal fluctuation in stock trading. The company followed the recent listing of the company as a low-altitude related concept stock. After self-inspection, the company’s subsidiary, Shanghai Shiwei Intelligent Technology Co., Ltd., is mainly engaged in the research and development and service of intelligent aviation electronic flight control systems. Currently, the promotion of related technology applications is still in the early stage, and the revenue from related business is relatively small, accounting for less than 1% and cannot have a significant impact on the company’s performance.