STOCKS | Jacques Technology Warns of Overinterpretation of Its Electronics Business Prospects

Jacques Technology said some market views have overinterpreted the development of its electronics business and set overly high expectations. According to Jin10, the company issued an abnormal trading fluctuation announcement after its stock’s cumulative closing-price deviation exceeded 20% over three consecutive trading days, meeting Shenzhen Stock Exchange criteria for unusual volatility. The company said its share price has recently seen sharp swings driven by market sentiment and concept-driven speculation. It noted that while major wafer fabs in China and overseas have expansion plans for future years, capacity construction, commissioning, and ramp-up take time. Jacques Technology said revenue from its electronic materials business will be determined by downstream customers’ capacity schedules and demand. The company urged investors to avoid speculative trading and to view its current development status rationally. Jacques Technology said it is currently focused on two main business directions: electronic materials and LNG insulation panels. It said its electronic materials products include semiconductor precursor materials, photoresists and supporting reagents, electronic powder materials, fluorine-containing specialty gases, and a semiconductor material delivery system (LDS).