Xianglou New Materials Denies Online Rumors of Entering Optical Module Business, Confirms No Such Plans
4 day ago / Read about 0 minute
Author:小编   

Recently, an investor inquired on an interactive platform whether the indium phosphide production equipment purchased by Xianglou New Materials' subsidiary, Suzhou Yiyun Technology, has arrived, and whether reports that the company is preparing to enter the optical module business are accurate. On November 3, Xianglou New Materials responded that the procurement of relevant equipment by Suzhou Yiyun Technology is part of preliminary R&D supporting investment; the matter is still in progress, and future developments remain uncertain. The online rumor that the company is entering the optical module business is untrue, and the company has no such business plan. Investors are advised not to readily believe market rumors and to refer to the company's official announcements as the authoritative source.

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