Tianyue Advanced has released a statement noting that the cumulative deviation in the increase of its stock's closing price over three consecutive trading days has surged to 30%, signifying abnormal market fluctuations. Several securities firms have offered their projections concerning the company's forthcoming revenue, profitability, and stock valuation. However, Tianyue Advanced cautions that these are solely one-sided forecasts, and the definitive information should be sourced from the company's official announcements. Presently, the silicon carbide (SiC) semiconductor substrate industry is characterized by fierce competition, with product prices under downward pressure and rapid technological evolution. Should Tianyue Advanced fail to sustain its technological edge and align with market demands, it risks a decline in market share and performance volatility.
