Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. (000636.SZ) has issued an announcement regarding significant stock price movements. The company's share price experienced a cumulative deviation exceeding 20% over three consecutive trading days on May 18, May 19, and May 20, 2026. This activity meets the criteria for abnormal stock price volatility as defined by the Shenzhen Stock Exchange trading rules.

The company stated that its production and operational activities are proceeding normally, with no significant changes in its internal or external business environment. Fenghua's primary product applications remain stable, continuing to focus on the home appliance, communications, and industrial control sectors.

Revenue from emerging markets, including automotive electronics, artificial intelligence, energy storage, and the low-altitude economy, currently accounts for no more than 15% of total revenue. The company highlighted potential risks related to future market expansion and the possibility that growth in prices for high-end products may fall short of expectations.