Zhongji Innolight issued an announcement on November 3 in response to investor inquiries, clarifying market rumors that had circulated that day. Addressing rumors that overseas customers had revised down demand or cut orders, the company stated that the vast majority of customers have not reduced demand or orders; a small number of customers have made structural product adjustments, while demand from some customers for 1.6T products has actually increased compared with before. Even factoring in structural adjustments by a small number of customers, overall industry demand for 2027 remains within the original forecast range, and demand from leading customers remains strong. Regarding rumors that a certain foreign brokerage had downgraded the company's rating and target market value, the company sought verification from that brokerage, which confirmed that it still maintains its rating and that no downgrade of the rating or target price has occurred; the relevant information is false content spread by someone impersonating the brokerage. As for demand for 2027 to 2028, the vast majority of the company's orders for 2027 already cover the full year.