Economic Observation Network On June 24th, the stock price of Senhe Corporation plummeted by 7.76%, and the company responded to market concerns about order demand, performance pressure, and other issues.

Recent stock trends:
On June 24th, the company's stock price dropped 7.76% and closed at 12.25 yuan.

Recent events of concern:
Market concerns mainly come from two aspects: one is the weak demand for new elevator business orders related to real estate development; Secondly, the high sales expenses put pressure on performance 。

Event impact:
The company responded that there is indeed a correlation with the real estate market, but its business also covers segmented markets such as old elevator renovation and home decoration to diversify risks. For high costs, the company explains it as a result of marketing network construction; For payment collection, it is emphasized to mainly cooperate with distributors, and the goods can only be shipped after 70-80% of the payment is received, with controllable risks 。

The above content is based on publicly available information and does not constitute investment advice.