Cambricon's stock price plummeted significantly during trading. The company responded: "We are not aware of the specific reason. Many rumors in the market are false."

Today, Cambrian (SH688256) experienced a sharp plunge in its stock price during trading, dropping nearly 14% at one point, with its total market value falling back to around 450 billion yuan. Regarding the company’s stock price plunge, a reporter from Daily Economic News contacted Cambrian’s Secretary Office as an investor. The staff member on the line said, “We are not very clear about the reason for the (stock price fluctuation). First of all, there are many rumors in the market, and they are definitely false. Then, there are quite a few fluctuations in secondary market funds and sentiment. Everyone should approach this rationally.”

(Source: Daily Economic News)

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