On August 17, Gongjin Electronics (603118) released a risk warning notice concerning stock trading. The company's stock witnessed a cumulative price deviation exceeding 20% based on the closing prices of two consecutive trading days on August 13 and 14. Furthermore, it reached the daily price limit once again on August 17, underscoring significant short-term fluctuations in the stock price. Currently, the main clientele for the company's 800G high-speed switch products consists of domestic brand owners. The revenue generated from these products represents a relatively minor portion of the company's primary business revenue, thus having a limited short-term influence on the company's financial statements. We kindly advise all investors to maintain rationality in their investments, make judicious decisions, and remain vigilant against potential investment risks.
