Meishu Technology: Abnormal fluctuations in stock price, significant uncertainty in the indium phosphide project.

date
05/08/2026
Meishi Technology announced that the companys stock experienced an abnormal fluctuation, with the cumulative closing price increase deviating more than 20% over three consecutive trading days from August 3 to 5, 2026. The company's operations are currently normal, and there are no undisclosed matters that should have been disclosed. The controlling shareholder and actual controller did not buy or sell the company's stock during the period of volatility. The company has authorized the preliminary preparations for the industrialization of indium phosphide semiconductor materials, and the first stage of research and development for this project carries a risk of failure, with subsequent industrial investment being uncertain. In addition, the company anticipates a net profit of 4.2 to 5.5 million yuan in the first half of 2026, reflecting a year-on-year decrease of 77.17% to 77.98%.