Shenchao TechFlow News, June 30 - Cambricon issued an abnormal movement announcement, stating that its stock price has accumulated a significant increase, surpassing the gains of related indices such as the Science and Technology Innovation Composite Index and the Shanghai Composite Index, and there may be a risk of a decline due to excessive short-term upward momentum.

The company operates under a Fabless model, with suppliers including IP licensing vendors, server manufacturers, wafer foundries, and packaging and testing facilities. Due to the specialized division of labor and high technical barriers in the entire integrated circuit industry chain, coupled with the fact that the company and some of its subsidiaries have been added to the "Entity List," this poses certain risks to the stability of the company's supply chain. In recent years, domestic demand for raw materials in the semiconductor industry has continued to grow, with upstream supply shortages and overall rising procurement prices. If upstream raw material prices continue to rise in the future, it may have an adverse impact on the company's operating performance. (Jin Shi)