Dongguan Mentech Optical & Magnetic (002902.SZ): No direct business dealings with NVIDIA.

As of now, Dongguan Mentech Optical & Magnetic (002902.SZ) and its subsidiaries have not had any direct business dealings with Nvidia, as stated on their investor communication platform.

Gelonghui FinanceJul 2 05:33 ET

Dongguan Mentech Optical & Magnetic (002902.SZ): Mentech Optical & Magnetic's Silicon Optical 800G DR8 Optical Module has passed industry testing standards.

Dongguan Mentech Optical & Magnetic (002902.SZ) stated on the investor interaction platform on July 2nd that its silicon photonic 800G DR8 optical module has passed industry testing standards and is currently in the PVT phase (Production/Process Verification Test). The main task is to conduct small-scale production according to the production tooling equipment, production process, and operating methods; verify production processes; verify the stability and reliability of the product. There are still risks such as product yield not meeting standards due to mass production, please note the investment risks.

Gelonghui FinanceJul 2 04:55 ET

Dongguan Mentech Optical & Magnetic (002902.SZ) announced that some directors and executives plan to reduce their shareholding by a total of no more than 217,500 shares.

On June 25th, Gelonhui reported that Dongguan Mentech Optical & Magnetic (002902.SZ) announced that Mr. Yang Xianyong, director of the company, Mr. Yang Zhong, director and deputy general manager, Mr. Yang Xunwen, senior management, Mr. Qian Yinbo, and Mr. Chen Cong together hold 609,000 shares of the company, accounting for 0.26% of the current total share capital of the company. The above-mentioned directors and senior management plan to reduce their shareholding in the company by no more than 217,500 shares, accounting for 0.09% of the current total share capital of the company, through centralized bidding trading within 3 months after 15 trading days from the date of announcement disclosure.

Gelonghui FinanceJun 25 08:27 ET

Noon stock market review: Shanghai Composite Index rose 0.36%, with over 4,000 stocks rising. The car-lu yun and copper high-speed connector concepts triggered a wave of limit-up.

As of the noon close, the Shanghai Composite Index rose 0.36% to 3026.61 points, the Shenzhen Component Index rose 0.48%, and the chinext price index rose 0.62%.

Gelonghui FinanceJun 17 23:44 ET

Individual Investors Are Dongguan Mentech Optical & Magnetic Co., Ltd.'s (SZSE:002902) Biggest Owners and Were Hit After Market Cap Dropped CN¥427m

Key Insights Significant control over Dongguan Mentech Optical & Magnetic by individual investors implies that the general public has more power to influence management and governance-related decision

Simply Wall StJun 7 21:01 ET

Dongguan Mentech Optical & Magnetic (002902.SZ) provides a full range of high-speed optical modules of 40G, 100G, 200G, and 400G for datacenter clients.

On June 5th, GlobeLabs reported that Dongguan Mentech Optical & Magnetic (002902.SZ) stated on an investor interactive platform that with the changing trend of the industry and the advent of the era of ultra-large computing power represented by ChatGPT, there is further driving demand for optical transmission and promoting the demand for optical module and related device products. Optical modules are a subcategory of optical communication products. Against the backdrop of high AI computing power, the company focuses on technological research and development innovation, and promotes product development towards miniaturization, low power consumption, and large capacity, providing data center customers with a full range of high-speed optical modules of 40G, 100G, 200G, and 400G.

Gelonghui FinanceJun 5 05:23 ET