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Tongding Interconnection: The company's fiber optic products for data centers constitute a relatively small proportion.
People’s Financial News, April 8 — Tongding Interconnection announced on April 8 that there was an abnormal fluctuation in stock trading. The company’s stock prices on April 3, April 7, and April 8, have experienced a cumulative deviation of over 20% in their closing prices over three consecutive trading days, which qualifies as an abnormal stock trading fluctuation. The company’s current operations are normal, and there have been no significant changes in the internal or external business environment. The company has noted that recent market attention has been high regarding the price fluctuations of fiber optic cable products and the growing demand for data center fiber optic products. The sustainability of short-term price fluctuations of fiber optic products is uncertain, and its impact on the company’s future performance needs to be assessed comprehensively based on future market conditions and the company’s business development, which also involves uncertainty. The proportion of fiber optic products used by the company for data centers is relatively small. Investors are advised to be aware of investment risks, make rational decisions, and invest prudently.