Shenzhen Center Power Tech (SHE:002733) dismissed online rumors that falsely positioned the company as a "core supplier" of artificial intelligence computing infrastructure and claimed ties to Nvidia, Microsoft and Huawei.
The company said it has no cooperation with any of those tech giants and does not engage in AI chips, servers or computing platforms, according to a Thursday filing with the Shenzhen bourse.
The manufacturer of valve-regulated lead acid batteries urged investors to ignore unverified rumors.
Shares of Shenzhen Center Power Tech closed 2% higher Thursday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments