Nongshang Environment responds to the progress of chip business transformation: landing falls short of expectations due to multiple factors

On June 18, Nongshang Environment stated on the interactive platform that since the company has been laying out semiconductor-related businesses, it has been continuously coordinating industrial resources and improving the supporting conditions for business implementation. In the early stages of promotion, the project's progress has been slower than market expectations due to various external factors such as industry cycles, funding, and supporting industrial chains. If there is substantial progress in the disclosure of chip business that meets the disclosure requirements, the company will strictly abide by regulatory requirements and fulfill its disclosure obligations in a timely manner.