WG Tech has reported a staggering 198.24% increase in its stock price over a span of approximately 45 trading days, from March 23 to May 28. Despite this remarkable surge, the underlying fundamentals of the company remain largely unchanged. Given the substantial short-term spike in the stock price, there exists a considerable risk of a subsequent market correction. Recently, there has been a heightened market interest in the application of glass substrates within the semiconductor industry. Presently, WG Tech's foray into the broader semiconductor sector is still in its nascent stages. The company is actively developing related product technologies, which are either in the developmental phase or undergoing sample verification. Large-scale industrial production has not yet been achieved in this area. Consequently, the revenue contribution from this sector is minimal, and the operational entities involved are currently experiencing losses.
