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Kechuan Technology released an official announcement, stating that as of the announcement date, its wholly-owned subsidiary, Kechuan Photonics Technology (Suzhou) Co., Ltd., which was established in February 2024, is primarily focused on the design of silicon photonic chips as well as the research, development, and production of optical modules. Presently, the optical modules are at the sample submission stage, a process that involves a lengthy validation cycle. Kechuan Photonics is actively expanding its market presence; however, it has not yet generated any revenue, and thus, has no significant impact on the company's current financial performance. The uncertainty remains as to whether orders will be secured in the future, and investors are advised to be mindful of the associated risks.
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