Overview

• The company said its share price may have diverged from fundamentals and cautioned investors about significant trading risks after a 134% monthly jump and a 533% gain over 12 months, far outpacing the CSI 300.
• Cambricon projected 2025 revenue of 5 billion to 7 billion yuan, compared with 1.2 billion yuan reported for 2024.
• The filing highlighted that Cambricon and some subsidiaries are on the U.S. Commerce Department’s Entity List, posing potential supply-chain disruption and operational risks.
• Management denied online claims of imminent product launches, saying it has no plans to release new products and calling the circulating information false.
• Market intermediaries have curtailed leveraged buying as retail inflows and bullish analyst calls, including a Goldman Sachs target hike, helped propel the rally.