SG Semiconductor (688233.SH) has released a statement addressing the abnormal fluctuations in its stock price. The company clarified that the performance forecasts presented in research reports issued by certain securities firms are solely the personal viewpoints of the analysts involved and do not represent the official stance or outlook of SG Semiconductor itself.
Furthermore, the company highlighted that the cost of its primary raw materials constitutes a significant portion of its overall expenses. Should there be a substantial increase in raw material prices, coupled with an inability to adjust product selling prices accordingly, it could adversely affect the company's profitability. Additionally, as SG Semiconductor operates in the upstream segment of the semiconductor industry, which features a lengthy downstream industrial chain, fluctuations in demand can have a notable impact on the company's business operations.