Laibao Hi-Tech has issued a statement noting that, due to a cumulative stock price increase exceeding 20% over three consecutive trading days, this constitutes abnormal trading volatility. The company wishes to clarify that its research and development efforts concerning glass-based panel-level substrate products are currently confined to the pre-research stage. These products have not yet been commercialized, nor does the company currently meet the prerequisites for industrial-scale production. Given the inherent uncertainties surrounding the progress of research and development, investors are advised to approach this information with rationality and remain vigilant about potential risks.
