Cambricon's stock price plummeted nearly 14% during trading. The company responded, saying they are unaware of the reason for the fluctuation: many market rumors are false.

PANews February 3 News, today, Cambrian’s stock price plummeted significantly during trading, dropping nearly 14% at one point, with the total market value falling back to around 450 billion yuan. Regarding the company’s stock price plunge, a staff member from Cambrian’s Secretary Office 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. Secondly, the secondary market funds and sentiment are quite volatile, so everyone should approach it rationally.”