Ole New Materials issued a statement regarding abnormal stock price fluctuations, noting that while the concept of indium phosphide has recently drawn significant market interest, the company currently does not possess any related products or technologies in this area. In light of this, the company cautions investors to make informed and prudent investment decisions. Currently, Ole New Materials is operating smoothly and anticipates a net profit ranging from 65 million to 70 million yuan for the first half of 2026, marking a notable transition from previous losses to profitability.
