In a recent announcement regarding unusual stock price movements, Guangdong Fuxin Technology Co.,Ltd. (SH: 688662) disclosed that its current revenue is predominantly derived from the consumer electronics sector. The company's business income from the communications field constitutes a relatively small portion, and it has not secured any significant new orders in this area recently.

For the 2025 fiscal year, sales revenue from the communications sector accounted for 9.36% of the total, with Micro TEC products applied in 400G and 800G high-speed optical modules contributing 2.44%. In the first quarter of 2026, the share of communications sector sales revenue increased to 21.36%, while the share from Micro TEC for high-speed optical modules rose to 14.29%.

The company has issued a formal caution, stating that the progress of Micro TEC business expansion, the scale of subsequent orders, and their profit contributions all carry significant uncertainty. Currently, the production capacity utilization rate for the company's Micro TEC products exceeds 95%.

Fuxin Technology has established solid cooperative relationships with clients including Coherent, Huagong Tech, and Source Photonics, but has not added any major new customers in the communications field. The company noted that there have been no major changes in its market environment or industry policies. It emphasized that its Micro TEC products currently hold a low market share.