Cambricon has issued a statement highlighting potential risks to its operating performance if the prices of upstream raw materials continue to rise. The company noted that such increases could adversely affect its financial results.
Additionally, Cambricon addressed recent abnormal fluctuations in its stock trading. The company's stock has seen significant gains, surpassing those of the STAR Composite Index and the SSE Composite Index. Cambricon cautioned that the rapid short-term increase in its stock price may pose a risk of decline.
Cambricon Warns of Potential Impact from Rising Raw Material Costs
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