Yitong New Material announced the abnormal stock trading fluctuations and serious abnormal fluctuations. The company has noticed that discussions related to the company's business involving the concept of integrated molding inductors have appeared on individual stock forums and forums. After verification, the company now explains the following: Currently, the company mainly engages in the research, development, production and sales of atomized iron-based powder and alloy soft magnetic powder. Among these, alloy soft magnetic powder can be used as a raw material for downstream enterprises to produce magnetic powder cores and chip inductors. The company is not currently engaged in the production of integrated molding inductors. The sales revenue of alloy soft magnetic powder currently accounts for a relatively low proportion of the company's overall operating income, which is less than 5%. The company's alloy soft magnetic powder business is in the stage of investment and development, and its business volume is relatively small, which has not caused significant impact on the company's production and operation.