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Xingfu Electronics has released a risk warning announcement concerning stock trading. Between June 1 and June 29, 2026, the company's stock price experienced a cumulative surge of 79.07%, markedly outpacing the performance of indices like the STAR Market Composite Index and the STAR 50. The company's electronic-grade red phosphorus, a product currently in the development pipeline, has recently garnered substantial market interest, which could potentially fuel speculative trading activities. At present, this product is still undergoing laboratory pilot testing. The purity of the samples and the scale of production have not yet reached the levels required for industrialization, and as a result, no revenue has been generated from it. There remains uncertainty surrounding the possibility and timing of achieving industrialization in the future.
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