On October 21, Yuanjie Technology released an announcement addressing unusual fluctuations in its stock price. The announcement highlighted that the company's shares experienced a cumulative price increase deviation exceeding 30% over three consecutive trading days—October 17, 20, and 21, 2025—indicating abnormal stock trading volatility. Following a thorough self-inspection and consultations with its controlling shareholder and actual controller, the company affirmed that, as of the announcement date, aside from this specific trading event, there were no other material developments that should have been disclosed but remained unreported. The core business of Yuanjie Technology revolves around the research and development, design, production, and sales of optical chips. The development of new products necessitates coordinated efforts from technical personnel across various departments. Additionally, the laser chip products produced during the trial phase must undergo rigorous certification processes by downstream customers. Consequently, the development and commercialization of new products are inherently associated with substantial investment, prolonged development cycles, and considerable risks.
