301176SZSE
🚨 Material Event

Announcement on Abnormal Stock Trading Fluctuations

Yihau New Materials Co., Ltd.··3 pages

✨ AI Summary

This announcement addresses the abnormal trading fluctuations of Ganzhou Yinhao New Material Co., Ltd. stock, which experienced a cumulative price increase of 30% over three trading days. The company clarifies that there are no undisclosed material events and highlights risks including continued losses, the uncertain market acceptance of its HVLP copper foil, and high valuation metrics.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_document

Securities Code: 301176

Securities Abbreviation: Yinhao New Material

Announcement No.: 2026-020

Ganzhou Yinhao New Material Co., Ltd.

Announcement on Abnormal Stock Trading Fluctuations

The Company and the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or material omissions.

Important Reminders:

  1. The Company reminds investors to be aware of investment risks. The Company's stock price has experienced significant short-term fluctuations. We urge investors to pay attention to the risks of trading in the secondary market, make rational decisions, and invest prudently.

  2. The Company is expected to incur losses for consecutive years from 2023 to 2025. In 2025, the Company's operating revenue is projected to be 1,719,985.2 million yuan, a year-on-year increase of 19.69%, and its net profit is expected to be -58.6219 million yuan, a 50.85% increase in loss compared to 2024. This is mainly due to low copper foil processing fees, the expansion phase of the PCB business, and asset impairment. We urge investors to make rational decisions and be aware of investment risks.

  3. The HVLP copper foil, or ultra-low profile copper foil, currently attracting market attention is mainly used in high-frequency and high-speed circuit copper clad laminates and their corresponding multilayer boards. The Company's HVLP copper foil is currently in the sample testing, analysis, and certification stage. There is significant uncertainty regarding customer certification and mass production.

I. Specifics of Abnormal Stock Trading Fluctuations

Ganzhou Yinhao New Material Co., Ltd. (hereinafter referred to as the "Company") (Securities Abbreviation: Yinhao New Material, Securities Code: 301176) experienced a cumulative daily closing price deviation of 30% over three consecutive trading days from June 10, 2026, to June 12, 2026. In accordance with the relevant provisions of the "Trading Rules of Shenzhen Stock Exchange," this constitutes an abnormal stock trading fluctuation.

II. Company's Verification of Matters of Concern

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.

Sign in to read moreSee Pro pricing