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Philhope: Quartz electronic cloth business revenue is expected to account for a small proportion in 2025, with no significant impact on the company's performance yet.
Philihua issued an abnormal stock price movement announcement. The company has noted that recent market attention to electronic fabrics and their applications in electronic circuit manufacturing has increased. Currently, the company’s ultra-thin quartz electronic fabric products are in the small-scale testing phase with clients and undergoing certification by end customers. The company expects that by 2025, the revenue from quartz electronic fabric will account for approximately 5% of the total operating revenue (unaudited). The revenue share is small and has not yet significantly impacted the company’s performance. The quartz electronic fabric project is also subject to many uncertainties, such as product iteration and compatibility testing by clients. Business cooperation and orders are highly uncertain, and there is a risk that future business development may fall short of expectations. Investors are advised to make decisions based on professional and rational judgment and to be aware of investment risks.