On June 25, Shenghong Technology rose 3.37% in regular trading, trading at 374.0 HKD/share, with turnover of HKD 385 million. The rebound follows a sharp 7%+ sell-off on June 23 triggered by market rumors.

On the news front, the company and multiple industry participants have firmly denied circulating rumors that Nvidia demanded PCB manufacturers cut prices by 10% and that Shenghong's capacity expansion was delaying the Rubin platform. Company representatives stated that operations remain entirely normal with no change to fundamentals, and that customer solution adjustments are a normal phenomenon. Multiple PCB manufacturers and market insiders confirmed the rumors were significantly exaggerated and lacked industrial logic.

Meanwhile, the company hosted 55 institutional investors including Guolian Minsheng Securities and Qianhai Kaiyuan Fund for on-site research on June 23-24. Management emphasized that current effective capacity is fully utilized, pricing on high-end products remains stable, and the company is actively raising prices on both AI and non-AI products. New Rubin-series products are in mass preparation with rapid volume ramp expected in Q3, and in-hand orders remain sufficient.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)