Latest data from the Hong Kong Stock Exchange indicates a notable change in holdings for VGT (02476) on July 13. The total value of the transferred shares amounted to HK$584 million, representing approximately 2.3% of the holdings. In this movement, a company shareholder transferred 625,800 shares to Goldman Sachs (Asia) Securities and moved 1.4836 million shares out from Citibank.
VGT has issued an announcement addressing recent negative rumors circulating on online platforms concerning its products, market share, and project progress. The company states these claims are severely inaccurate and have caused significant adverse effects.
Following verification, the company provides the following clarifications and statements regarding the online content: Firstly, the circulating statements are untrue. The company is a long-term strategic partner to leading domestic and international AI clients, consistently upholding "quality" and "safety" as fundamental principles and strictly adhering to customer standards in its management.
Secondly, demand for AI-related PCB products is currently robust, and the company's order backlog continues to grow. Production and shipments are proceeding normally, with orders from key customers steadily increasing.
Thirdly, the company maintains close communication with its core clients, and the co-developed R&D iteration products are progressing smoothly. Some clients have already indicated long-term demand for the 2027-2028 period, and the company expresses confidence in its future operational performance and profitability.
The announcement further states that the dissemination of these false rumors via online platforms and social media groups has adversely impacted the company's reputation and normal business operations, seriously misleading investors. The company reserves the right to pursue legal action against those responsible for spreading the inaccurate information.
Comments