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STOCKS | InnoLight Denies Rumors of Weak Second-Quarter Results and Stock Price Suppression

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2026-07-12 23:59:01
InnoLight said it was clarifying market rumors about the company and its industry, including claims that its second-quarter performance was far below expectations and that it was deliberately suppressing its share price.

According to Jin10, the company said the rumor about second-quarter results had no basis and had caused panic among investors. It said it has not yet released an earnings forecast or its interim report, but added that it remains very confident about its operating performance for the first half of 2026 and about industry demand.

InnoLight also denied claims that it was intentionally suppressing its share price, delaying revenue recognition, or deliberately adjusting results. It said it would not intentionally alter performance and that such rumors reflected a major misunderstanding of the company.
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