According to Jin10, Fuxin Technology said its stock price deviated by a cumulative 30% over three consecutive trading days, from September 21, 2026 to September 23, 2026. The company said most of its revenue currently comes from consumer electronics, while communication-related revenue accounts for a relatively small share. In the communication segment, current orders are mainly for MicroTEC used in 400G and 800G high-speed optical modules, while TEC for CPO packaging technology is in the sample-validation stage. It said the validation cycle for TEC products used in communications is long and is expected to have no impact on 2026 revenue. The company also said the progress of MicroTEC-related business expansion, subsequent order scale and profit contribution depend on customer demand and remain uncertain.