Xingye Technology: At present, all of its products do not involve optical module customers.

Announcement on abnormal fluctuations in the trading of Industrial Technology’s shares. The company’s intended acquisition this time is to acquire indium phosphide (phosphorus indium) assets. Currently, the Company’s products mainly use the more commonly used 2-inch and 3-inch indium phosphide substrates in the market, which are mainly used for detectors. The VGF single-crystal yield is relatively low. At present, the verification threshold for 4-inch products is relatively high, and there may be a risk that customers’ verification may fail. Currently, none of the Company’s products involve optical module customers.
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