Furong Technology has released a risk alert concerning its stock trading, pointing out that its shares have reached the daily price limit for three consecutive trading days and have witnessed substantial recent increases, hinting at a possible downturn risk. According to the announcement, there have been no significant shifts in the company's core business, production and operations, or business climate. Furthermore, there are no crucial issues that warrant disclosure but have remained undisclosed. The company's primary offerings encompass aluminum structural materials for consumer electronics, aluminum profiles tailored for new energy and automotive sectors, as well as their precisely machined components. It's worth mentioning that the company's products do not inherently feature AI functionalities. The high-strength aluminum structural materials manufactured by the company have been utilized in MR and VR glasses, with major collaboration partners including Samsung and Vivo. Nevertheless, the revenue generated from this related business constitutes a minuscule portion of the company's total income.
