Shenzhen Gongjin Electronics: Data Center Switch Revenue from 400G and 800G Models Constitutes a Minor Portion of Core Business

Stock News07-08

Shenzhen Gongjin Electronics Co., Ltd. (SHSE: 603118) has issued an announcement regarding unusual share price movements. The company noted that the concept of data center switches has recently attracted significant market attention.

The firm clarified that its primary business revenue is predominantly derived from its networking and data communication operations. Within the data communication segment, the revenue generated from high-speed switches used in data centers, specifically 400G and 800G switches, represents a relatively small proportion of the company's total core business revenue. This limited contribution means the impact on the company's short-term financial performance is expected to be minimal.

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