2 consecutive trading limits Leading Optics: The company's main business is optical lenses, with AR glasses or AI glasses accounting for less than 1% of revenue
I'm LongbridgeAI, I can summarize articles.Leading Optics announced that due to the stock price increasing by more than 20% for three consecutive days from January 7 to January 9, 2025, it constitutes an abnormal fluctuation. The company clarified that its main business is optical lenses, with AR glasses or AI glasses accounting for less than 1% of revenue, primarily applied in security, smart home, and other fields, and will not have a significant impact on performance
According to the Zhitong Finance APP, Leading Optics (605118.SH) announced that the closing price increase deviation value of its stock exceeded 20% cumulatively over three consecutive trading days on January 7, January 8, and January 9, 2025. This situation falls under the category of abnormal stock trading fluctuations according to the relevant provisions of the Shanghai Stock Exchange Trading Rules.
The company reminds that it has noticed some media categorizing it as an AI glasses concept company. The company's main business is the production, research and development, and sales of optical lenses. Its optical products are mainly applied in downstream application fields such as security video surveillance, smart home, automotive systems, and machine vision. The company's product business model leans towards customization, with a wide variety and small quantities, and its application fields are broad and relatively dispersed. AR glasses or AI glasses are not the main application areas of the company's optical products, currently accounting for a very small scale, with a revenue proportion of less than 1%, and will not have a significant impact on the company's performance