Baoding Technology Denies Nvidia Supply Chain Claims After Three-Day Stock Surge

Baoding Technology issued a volatility announcement after its shares posted an accumulated closing-price deviation of more than 20% over three consecutive trading days on June 12, 2026, June 15, 2026, and June 16, 2026. According to Jin10, the company said online claims that its products had been included in Nvidia’s supply chain certification system were false. It added that, as of now, it has had no contact with Nvidia and has not carried out any form of business cooperation with the company. Baoding Technology said its copper-clad laminate products are mainly conventional items such as FR-4 and composite boards. It stated that it currently has no AI copper-clad laminate products and has not found applications in AI servers or computing power-related fields. The company also said it has no sales of M7 or M9 high-speed copper-clad laminate products, and has no related orders or operating revenue. It added that M7 remains in the customer certification stage, does not involve overseas customers, and faces significant uncertainty over whether it can pass certification. The company said M9 is in an early research and development stage, has no corresponding samples, and its R&D progress and results are highly uncertain.