Stock code: 688256 Stock abbreviation: Cambrian Announcement No.: 2025-009
Cambrian Technology Co., Ltd
On the voluntary nature of the impact of the U.S. tariff policy adjustment on the company's business
Information Disclosure Announcement
The board of directors and all directors of the company guarantee that there is no false record, misleading statement or material omission in the content of this announcement, and assume legal responsibility for the authenticity, accuracy and completeness of its content in accordance with the law.
Recently, affected by the U.S. tariff policy and the news that tariffs may be imposed again in the future, the market has attracted great attention. Zhongke Cambrian Technology Co., Ltd. (hereinafter referred to as the "Company") paid close attention to the policy dynamics after the incident, and assessed the impact of policy changes on the Company in a timely manner.
1. The impact of the additional tariffs on the company's business
Since its establishment, the company has been focusing on the R&D and technological innovation of artificial intelligence chip products, and is committed to building core processor chips in the field of artificial intelligence. The company's main business is the R&D, design and sales of artificial intelligence core chips applied to various cloud servers, edge computing equipment, and terminal equipment, as well as providing customers with chip products. At present, the company's main product lines include cloud product line, edge product line, IP licensing and software.
The company's revenue mainly comes from domestic customers, and the proportion of overseas revenue is relatively low, and the company will be in 2023 and 2024
The proportion of revenue from overseas customers does not exceed 1%. In December 2022, the U.S. Department of Commerce's Bureau of Industry and Security (BIS) added companies to the Entity List on the grounds of national security and diplomatic interests, restricting companies from purchasing U.S.-related products and technologies. The additional tariffs will not have a substantial impact on the company's operation and management.
Second, the company's response measures
The company will actively track the dynamic trend of international and domestic policies, carry out proactive communication with the upstream and downstream of the industrial chain, actively respond to possible changes in policies, promote the sustainable development of the company's business, and enhance the company's ability to resist risks.
Investors are advised to invest rationally and pay attention to investment risks.
The announcement is hereby made.
Board of Directors of Cambrian Technology Co., Ltd
April 10, 2025
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