News

The guidance provided previously by the company for the second fiscal quarter projected revenue in the range of $7.15 billion to $8.15 billion, and earnings per share of $2.44 to $2.84. Because the company is at the very top of the industry chain, its performance guidance not only concerns its own valuation rationality, but also directly reveals the capital expenditure intensity of giants such as Intel and TSMC in the next-generation chip manufacturing sector.

```htmlThe judgment emphasizes, "The timing of completing this transaction is crucial. To maximize the value of the Chapter 15 bankruptcy debtor's assets, the transaction must be completed as soon as possible, and recognized and enforced within the United States. The foreign representative acts on behalf of the Chapter 15 bankruptcy debtor and has provided evidence of urgent and exceptional circumstances. Immediate approval and completion of the transaction under the subscription agreement serve legitimate, sufficient, and reasonable commercial purposes and reasons. Therefore, there is ample justification to exempt the suspension procedure that Section 6004 of the Bankruptcy Rules would normally require; starting from the effective date of this ruling, this transaction can be settled within the shortest reasonable and feasible timeframe." After the transaction is completed, Iovate will no longer be included in Xiwang Food's consolidated financial statements.```

According to Golden Ten Data on May 11, during the performance briefing, Tongguan Copper Foil stated that the company adopts a "copper price + processing fee" pricing model for its product sales. Fluctuations in copper prices can be passed on to product sales prices. At the same time, the company also conducts commodity futures hedging business to mitigate the risks brought by product price fluctuations in its production and operations.