YOFC: New Data Center-Related Products Make Up a Minor Share of Overall Demand
1 week ago / Read about 0 minute
Author:小编   

On December 19, YOFC released a statement indicating that the cumulative deviation in the closing prices of its shares had exceeded 20% over three consecutive trading days, spanning from December 17 to December 19. Following a thorough self-assessment and verification with its principal shareholder, the company confirmed that, as of the announcement date, there was no significant information that warranted disclosure but had remained undisclosed. The company also pointed out that there has been a notable surge in market attention towards novel optical fiber and cable products tailored for computing data centers. Presently, the global optical fiber and cable industry is operating under normal market conditions, and the demand for new products associated with data centers constitutes only a small fraction of the total market demand. Consequently, YOFC advises investors to stay vigilant about investment risks and exercise prudence in their decision-making processes.