Guanshi Technology has announced that its stock price has experienced an accumulative deviation of over 20% increase across three consecutive trading days, indicating unusual market fluctuations. Following a thorough self-examination, the company acknowledges being miscategorized by the market as a player in the lithography equipment sector. However, it emphasizes that its operations are solely confined to photomask manufacturing and do not extend to the manufacture of electron beam lithography equipment. Notably, in the first half of 2025, revenues generated from its photomask manufacturing business accounted for less than 2% of the company's overall revenue, underscoring its minimal impact on the company's core business operations.
