"Q2's large customer shipments doubled compared to Q1? Shenghong Technology responds."
There are reports that Shenghong Technology's Q2 major customers have doubled their shipments compared to Q1, and future performance expectations have improved significantly. Possibly influenced by this news, Shenghong Technology's stock price rose nearly 4% intra-day and then fell back. In response, a journalist called Shenghong Technology in the guise of an investor and the company's receptionist said they were not sure about the reason for the stock price anomaly and did not have specific information about market rumors on orders. As for the expected increase in production capacity, the aforementioned staff member at Shenghong Technology explained, "The production capacity that can be expanded this year is mainly in the two factory buildings, Factory 4 and Factory 9, which were already built last year. If there is any other increase, it may be related to our progress in Thailand. As for the renovation of the second phase of the Thailand factory, our equipment has been almost commissioned, and we are currently working on customer verification, audit and import of test boards."
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