Boe Technology Group Co.,Ltd. (BOE) hit the intraday price limit-up in afternoon trading on May 26th, with its daily turnover exceeding 20 billion yuan.
According to a previous disclosure, the company issued a risk warning on May 21st, stating that its three business segments—glass-based packaging substrates, perovskite, and optical interconnect—are still in the stages of technical discussion and verification. These segments have not yet achieved mass production and have not generated any revenue from mass production. The company explicitly stated that these businesses are not expected to have a significant impact on its operational performance over the next 2 to 3 years.
Simultaneously, the company emphasized that, as of now, it has not engaged in any business cooperation with NVIDIA (NVDA.US), and related market inferences lack factual basis.
Despite the strong stock price performance, the company has issued clear risk signals regarding the commercialization prospects of its new businesses. Investors are advised to rationally assess the disparity between short-term gains and long-term fundamentals.
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