Shannon Semiconductor has released a statement concerning irregular stock trading activities, emphasizing that its primary operations currently encompass chip distribution and product research and development. Recently, the market has been abuzz with reports regarding significant price hikes in memory chips. Despite these market rumors, the company and its subsidiaries continue to operate smoothly, with no substantial alterations observed in their core businesses or fundamental financial health. Moreover, the company's operational performance has not undergone any changes that would justify the recent surge in its stock price, raising concerns that the fluctuations in market trading may not be underpinned by corresponding enhancements in profitability. In light of these developments, Shannon Semiconductor urges investors to remain vigilant about potential trading risks in the secondary market, approach investments with rationality, and exercise prudence when making investment decisions.
