Core Viewpoint - The stock of Wuxi Dekeli Optoelectronic Technology Co., Ltd. has experienced an abnormal trading fluctuation, with a cumulative closing price increase exceeding 30% over three consecutive trading days from September 16 to September 18, 2025 [2][4]. Group 1: Stock Trading Abnormality - The company's stock price closed at 140.40 yuan per share as of September 18, 2025, with a rolling price-to-earnings (P/E) ratio of 249.09, significantly higher than the industry average P/E ratio of 49.83 [2][10]. - The abnormal trading situation is in accordance with the Shanghai Stock Exchange's trading rules and monitoring guidelines [2][4]. Group 2: Company Operations and Financials - The company reported a revenue of 433.36 million yuan for the first half of 2025, a year-on-year increase of 5.93%, while the net profit attributable to shareholders decreased by 48.17% to 28.09 million yuan [5]. - The company is adopting a market prioritization strategy to stabilize revenue amid a slowdown in telecom market demand, while also exploring opportunities in the data communication market [5]. Group 3: Market and Product Developments - The company is closely monitoring advancements in OCS (Optical Circuit Switching) technology, which has gained market attention due to AI computing power demands [3][10]. - Although the company has received overseas sample orders for silicon-based OCS products, it has not yet secured bulk orders from major overseas manufacturers, indicating that large-scale application remains uncertain [3][10]. Group 4: Major Events and Shareholder Actions - As of the announcement date, the company confirmed that there are no undisclosed major events affecting stock price fluctuations, including asset restructuring or share buybacks [6][9]. - A major shareholder plans to reduce their holdings by up to 2.9957% of the total share capital, amounting to 4,741,811 shares, between September 23 and December 22, 2025 [8].