On June 4, the Growth Enterprise Market (GEM) Management Department of the Shenzhen Stock Exchange dispatched a letter of concern to Shenzhen Vital New Material Co., Ltd. The letter raised apprehensions regarding the company's notable surge in stock price, its frequent engagement in roadshows, and its repeated references to trending business sectors—such as optical modules and advanced packaging—during investor interactions. The Shenzhen Stock Exchange has urged Vital New Material to furnish comprehensive explanations regarding the pivotal operational data of the relevant businesses. This includes actual sales figures, major clientele, pending orders, and gross profit margins. Additionally, the exchange seeks clarification on whether any breaches of the principle of equitable information disclosure have occurred. Vital New Material is mandated to submit explanatory documentation and make it publicly available prior to June 7.