Chengdu Huami: The 4-channel 12-bit 40G high-speed high-precision RF direct-sampling ADC chip has not yet been mass marketed.

Chengdu Huawei announced on the evening of September 3rd a notice regarding abnormal fluctuation in stock trading. The company has only sent samples of its 4-channel 12-bit 40G high-speed high-precision RF direct sampling ADC chips related products to a few customers and has received intentions for orders, but has not yet achieved mass sales. There are risks such as market demand uncertainty and customer validation failure. The company is unable to predict the impact of the new products on its current and future business performance.