Zhaochi Co., Ltd.: Regarding the application of MicroLED in expanded fields such as optical communication, it is currently in the sample validation and testing stage.

Zhaochi Co., Ltd. announced on March 15th that there was an abnormal fluctuation in its stock trading, stating that the company’s stock closing prices have deviated by more than 20% cumulatively over three consecutive trading days. The company’s main business remains unchanged. Regarding the application of MicroLED in fields such as optical communication, it is currently in the sample verification and testing stage and will not have a substantial impact on the company’s performance in the short term. Recently, the company’s production and operations have been normal, and there have been no significant changes in its business conditions or internal and external operating environments.

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