Zhuhai Bojay Electronics Co.,Ltd. (002975.SZ) has released a stock trading anomaly fluctuation and risk warning announcement. The company stated it has not discovered any undisclosed significant information in recent public media that could or has already had a substantial impact on the trading price of its stock.
The company noted that recent market discussions have focused on its involvement in businesses related to "optical communication indium phosphide," "semiconductors," "optical modules," "liquid cooling," "humanoid robots," and "MLCC." Zhuhai Bojay Electronics Co.,Ltd. clarified that the rumored optical communication indium phosphide business is conducted by its investee, Zhuhai Dingtai Xinyuan Crystal Co., Ltd. ("Dingtai Xinyuan"). Dingtai Xinyuan's revenue scale is small, and it has been operating at a loss for three consecutive years, currently not achieving profitability.
The company's controlled subsidiary, Bojiexin (Shenzhen) Semiconductor Co., Ltd. ("Bojiexin"), primarily engages in the sale of semiconductor specialized equipment. In 2025, Bojiexin achieved revenue of RMB 51.0815 million, accounting for only 2.78% of the company's total revenue, and currently does not have a significant impact on the company's operating performance. The optical coupling equipment from its controlled subsidiary, Zhuhai Guanghaoji Technology Co., Ltd., has only completed preliminary technical reserves and design plans, with related research and development work still in progress and no revenue generated yet.
In the AI server testing business sector, the company's AI server testing business revenue in 2025 accounted for 16.79% of its current main business revenue. The company's liquid cooling modules have not been shipped to customers as separate components and have not been recognized as independent products for revenue. The products of its controlled subsidiary, Zhuhai Aodewei Technology Co., Ltd. ("Aodewei"), are primarily applied in the MLCC field. In 2025, Aodewei achieved a net profit attributable to the parent of RMB 13.0732 million, accounting for 8.93% of the listed company's net profit, and does not have a significant impact on the company's operating performance. In 2025, the company's revenue from the humanoid robot testing segment accounted for less than 1% of its total revenue, currently not having a significant impact on its operating performance.
Currently, the company and some of its investees are involved in business areas related to "optical communication indium phosphide," "optical modules," "liquid cooling," and "humanoid robots." However, these related businesses are still in the early stages of layout or small-scale operation, contributing a relatively low proportion to the company's current operating revenue. They have not yet formed scale revenue and have not had a material impact on the company's operating performance.