Hesheng New Material: Verified, Yizhi Electronics CPU inventory is low
Hesheng New Material has confirmed that its investee company, Yizhi Electronics, is experiencing low CPU inventory and is planning to place new orders to restock. Yizhi Electronics, which is not controlled by Hesheng New Material and is currently operating at a loss, has seen its CPU stock depleted, leading to a surge in Hesheng New Material's stock price. Separately, the Reserve Bank of Australia raised interest rates to 4.35% due to concerns that rising energy prices could fuel inflation. AI