On June 25, Xuguang Electronics released a statement noting that its stock had witnessed a cumulative surge of over 100% in closing prices across 10 consecutive trading days, spanning from June 10 to June 24. This notable increase constituted a significant abnormal fluctuation in the company's stock trading activity. In light of the market excitement surrounding the concepts of 'controllable nuclear fusion' and 'aluminum nitride,' Xuguang Electronics provided a clarification. The company stated that its products associated with controllable nuclear fusion have not yet commenced generating revenue. Furthermore, aluminum nitride products contribute only approximately 5% to its total revenue, exerting a minimal influence on its overall operating performance. Additionally, the company highlighted that both its price-to-earnings ratio and price-to-book ratio currently surpass the industry averages, thereby alerting investors to the potential risks associated with an overheated market sentiment and irrational speculative behavior.
