Shenzhen Gongjin Electronics (603118.SH): The revenue from the 400G and 800G switch business accounts for a relatively small proportion of the main business revenue.

Shenzhen Gongjin Electronics (603118.SH) announced that the closing price of the company's stock has deviated by more than 20% for two consecutive trading days (January 8 and January 9, 2025). According to the relevant provisions of the Shanghai Stock Exchange Trading Rules, this constitutes abnormal stock trading volatility. The company has noticed that the concept of data center switches has attracted high market attention recently. The company's main business revenue is mainly derived from network communication and digital communication services, with a relatively small proportion of revenue from high-speed rate switches used in data centers, especially in the 400G and 800G switch businesses, which have limited impact on the company's short-term performance. Additionally, the majority of switch customers are domestic, with only a small proportion of revenue from overseas clients. The company urges investors to make rational investment decisions, exercise caution, and be vigilant against investment risks.