Grace Fabric Technology Clarifies Its Role in PCB Industry as Its Stock Experiences Unusual Volatility

Stock News05-25

Grace Fabric Technology Co.,Ltd. (603256.SH) has issued an announcement regarding abnormal fluctuations in its stock transactions. The company noted that it has recently been categorized by some media outlets under the "PCB concept." Grace Fabric Technology clarified that its primary product, electronic-grade glass fiber cloth, serves as one of the fundamental materials for printed circuit boards (PCBs). The company remains steadfast in its focus on the research and development, production, and sales of its main products, with no significant changes to its core business operations.

Following an internal review, the company stated it has not identified any media reports or market rumors that require clarification or response. Furthermore, no other major events that could significantly impact the company's stock trading price have been detected. Grace Fabric Technology took this opportunity to specifically remind investors to be cautious of the risks associated with speculative trading based on trending concepts, advising careful judgment and rational decision-making.

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