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STOCKS | Star-Net Ruijie Warns of Rising Raw Material Cost Pressure After Abnormal Share Move

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2026-07-06 11:01:14
Star-Net Ruijie said its shares recorded an abnormal trading fluctuation after the stock’s cumulative price deviation exceeded 20% over two consecutive trading days.

According to Jin10, the company said in an announcement that the cumulative deviation was recorded on July 3, 2026, and July 6, 2026.

The company said that, influenced by factors including turbulence in the international political situation and the restructuring of global supply chains, it could face upward pressure on raw material costs if prices for chips and other raw materials continue to rise or if supply conditions tighten further.

It added that this could pressure gross margins for some products and result in performance falling short of expectations.
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