Mingpu OptoMagnet hits the daily limit-up for two consecutive days then issues a risk warning: 800G NPO and 1.6T optical modules are still in the early stages of development

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On March 26, Mingpu Optoelectronics (002902.SZ) announced that the company’s stock prices on March 25 and 26 experienced a cumulative deviation of over 20% in closing prices over two consecutive trading days, constituting abnormal stock trading fluctuations. After verification, the company found that the previously disclosed information does not need correction or supplementation, and there are no major undisclosed matters that should have been disclosed recently. At the same time, the controlling shareholder and actual controller did not buy or sell the company’s stock during the period of abnormal stock trading fluctuations. The company specifically warns of risks, stating that the expected net profit for 2025 will be a loss of 220 million to 275 million yuan; currently, only small batches of 800G LPO optical modules have been shipped, and the profits generated are insufficient to impact the company’s overall performance; 800G NPO and 1.6T optical modules are still in R&D or early stages, with future development uncertainties; additionally, the company’s chip packaging and testing business has a relatively low value, with limited impact on performance. (CNR Finance)

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