According to Jin10, Changying Tong said its devices-related polarization-maintaining optical fiber business accounted for less than 1% of revenue, and that orders on hand for devices-related polarization-maintaining optical fiber were relatively limited, with the business scale still relatively small. The company also said it has few orders on hand or intended orders for optical fiber used in communications, and it has not added any major new communications customers so far. It added that some media reports on its subsidiary Shengyisheng's performance targets were market forecasts based on 2026 performance commitments made by relevant institutions, not data confirmed by the company and not a corporate operating commitment, and that the achievement of Shengyisheng's performance commitments will be affected by policy conditions, market demand, and its own operating situation, leaving a risk that the commitments may not be met.
