Xingsen Technology: Stock trading has experienced abnormal fluctuations, with various businesses not yet contributing significantly to income.
Xingsen Technology announced that the company's stock had a cumulative deviation value of more than 20% for three consecutive trading days from June 15th to 17th, 2026, indicating abnormal fluctuations. Its subsidiary, Xingsen Guangzhou, had revenue of 26.8999 million yuan in 2025, accounting for 0.37%, with a net loss of 53.2998 million yuan. The FCBGA packaging substrate project has not been mass produced. Revenue from light module PCB in 2025 did not exceed 150 million yuan, accounting for less than 2.08%. The glass substrate research and development project is in the technical reserve stage with no mass production orders. In addition, plans to issue A shares to specific targets and strategic investors have not been deliberated. The company's P/E ratio is higher than the industry average, warning investors to be cautious of risks.
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