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On October 24, Shannon Semiconductor released an announcement regarding abnormal stock price fluctuations. During the 30 - trading - day period from September 5 to October 24, 2025, the cumulative deviation in the closing price of its stock surpassed 200%. In line with the rules set by the Shenzhen Stock Exchange, this situation qualifies as a significant abnormal fluctuation in stock trading.
Shannon Semiconductor is mainly involved in chip distribution as well as product research and development. Lately, it has become cognizant of market reports concerning price hikes in memory chips. Nevertheless, at present, both the company and its subsidiaries are running their operations as usual, with no substantial alterations in their core business or fundamental financial and operational conditions.
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