On February 3rd, the "Cambricon Technologies" WeChat public account released a "stern statement" clarifying that the company has taken note of the false information circulating online regarding recent small-scale investor communications. The company emphatically stated it has not organized any such small-scale exchanges recently and has not issued any annual or quarterly revenue guidance data. It advised that all relevant information should be sourced from the company's publicly disclosed documents. The company confirmed that its current research and development progress is smooth and business operations are advancing steadily. Herein, the company reminds all investors that company-related matters are subject to publicly disclosed information, urging investors to enhance their ability to discern information, and to neither disseminate nor trust unverified or unsubstantiated false information. Furthermore, the company reserves the right to pursue legal action against any individuals involved in fabricating or spreading false information.
Today (February 3rd), the share price of Cambricon (SH688256) experienced a significant intraday plunge, at one point falling nearly 14%. By the midday market close, Cambricon was down 12.88%, with its share price at 108.09 yuan per share, causing its total market capitalization to retreat to 456.3 billion yuan. According to its official website introduction, Cambricon's full name is Cambricon Technologies Corporation Limited. Founded in 2016, the company focuses on the research, development, and technological innovation of artificial intelligence chip products, dedicated to creating core processor chips for the AI field. Cambricon's products are widely used by server manufacturers and industrial companies, providing ample computing power for complex AI application scenarios in sectors such as internet, finance, transportation, energy, power, and manufacturing, thereby promoting the empowerment of industrial upgrading through artificial intelligence.
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