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Changes in Hong Kong stocks | Lixun Precision (02475) AH shares all fell by more than 2%. The US launched a 337 investigation. The company said the products involved in the case had not yet been mass-produced
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The Zhitong Finance App learned that Lixun Precision (02475) AH shares all fell by more than 2%. As of press release, they were down 2.63% to HK$49.22, with a turnover of HK$121 million.

According to the news, on October 9, local time, the US International Trade Commission officially launched a 337 investigation into related patent infringement claims filed by US Vicor Corporatio, mainly targeting vertical power supply systems, related components, and computing systems containing the above products. Companies included in the 337 investigation in this case include Lixun Precision, IFF, Delta Electronics, and Infineon.

In response, Lixun accurately responded. After preliminary evaluation, the products involved in this survey are mainly used in integrated power supply schemes for power modules and processors in the data center field. Currently, the products involved in the survey are in the customer verification stage and have not yet entered mass production. Based on the current business progress of related products, it is expected that this survey will not have a significant adverse impact on the company's current production and operation and current business performance.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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