Yuanjie Technology: The non-recurring gains and losses are mainly due to the industrial fund in which it holds a stake having invested in some upstream and downstream enterprises in optical interconnect.
On October 14, Yuanjie Technology released a record of investor relations activities. It noted that in the first half of the year, the company's non-recurring gains and losses of more than 90 million yuan came from investment income, mainly because an industrial fund in which it holds a stake invested in some upstream and downstream optical interconnect companies that are not yet listed, and their improved performance led to valuation growth, thereby generating investment income for the company. In the third quarter, valuation changes were not significant, so the impact was relatively small. Looking ahead, if the companies invested in by the industrial fund go public or undergo mergers and acquisitions, this is expected to have a positive effect on the company's investment income.
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