Quectel Wireless Solutions (603236.SH) announced that the company's stock price on December 6, 2024, December...
According to Zhitoong Finance APP, Quectel Wireless Solutions (603236.SH) announced that the company's stock price has seen an accumulated deviation in the closing price increase of more than 20% over three consecutive trading days on December 6, 9, and 10, 2024. On December 11, 2024, the company's stock closed again at the daily limit price. From December 6, 2024, the cumulative turnover ratio over the last four trading days has been 26.29%, indicating an increase in the trading volume of the company's stocks compared to before.
In response to rumors about Quectel Wireless Solutions being a supplier of ByteDance's Doubao AI toys, the company explains as follows: the company's main business is wireless communication modules and solutions, and AI toys are not the primary application area of the company's products; currently, the company's products have not been sold to ByteDance, and ByteDance has not designated Quectel Wireless Solutions as the supplier for its cooperating AI toy manufacturers; as of the date of this announcement, the company has not received any orders from ByteDance or related toy manufacturers, has not formally shipped any products, and has not generated any revenue. The plans that the company is evaluating and negotiating with toy manufacturers do not involve ByteDance, and the outcomes of the subsequent negotiations still have significant uncertainties. Investors are advised to make rational decisions and invest cautiously.
