Sifang Optoelectronics participated in an online group reception event for investors hosted by the Hubei Association of Listed Companies on May 16. According to public information, investors asked questions about the company's revenue growth in the first quarter of 2024, a serious decline in net profit, a huge drop in the company's stock price, close to the grant price of the employee equity incentive plan, as well as the company's investment, production capacity, and market issues. Investors from Sifang Optoelectronics said, “The company's stock price immediately fell to 42 yuan under the employee equity incentive plan. The revenue target for the first year was not completed, the number of shares owned was already discounted, and now the price difference is gone. Can it also motivate employees to do their best for performance? How can we stop doing things that are high and actually improve our performance?” In response, Xiong Youhui, Chairman of Sifang Optoelectronics Company, responded: “Dear investors, thank you for your attention!”