On June 29, Sunny Optical Technology fell 3.28% in regular trading, trading at 57.8 HKD/share, extending the previous session's over 9% plunge. Multiple headwinds continue to pressure the stock.

On the news front, Apple previously confirmed that AI-driven DRAM and NAND storage chip shortages have forced broad-based product price increases of 15%-25%, raising concerns over end-market demand for smartphones and directly impacting the handset supply chain. Meanwhile, reports of a major client slashing approximately 30% of smartphone component procurement since early June have continued to weigh on the company's second-half shipment outlook. Additionally, the company's June 26 announcement of an offshore renminbi bond issuance for debt refinancing has added financing dilution concerns. With Sunny Optical's mobile phone lens and camera module business accounting for a substantial revenue share, the triple overhang of weakening terminal demand, client order cuts, and bond issuance has sustained near-term selling pressure.

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