Baoding Technology Issues Stock Trading Volatility Announcement

Baoding Technology released a stock trading volatility announcement on May 12, according to Jin10. The company stated that its main products include copper-clad laminates, electronic copper foil, and gold mining and selection. The copper-clad laminates primarily consist of conventional products such as glass fiber cloth-based and composite-based laminates. Currently, there are no sales, orders, or revenue related to high-speed copper-clad laminates M7 and M9. The electronic copper foil products are categorized into high-temperature high-ductility copper foil, low-profile copper foil, reverse-treated copper foil, and ultra-low-profile copper foil. Among these, HVLP copper foil is still in the customer certification and market expansion phase, with no mass production yet. In 2025, HVLP copper foil accounted for only 0.03% of the company's total copper foil sales, contributing minimally to the company's overall operating performance in the short term. The future acquisition of orders and business development remains uncertain.