SQC has issued a statement regarding the warning issued on its stock due to financial violations. The main cause is a significant decline in the company’s profits in the recent quarter, raising concerns among investors about its unstable financial situation. The management indicated that they are implementing corrective measures, including cost-cutting and exploring new investment opportunities to improve profits. SQC emphasized its commitment to transparency and will provide more detailed financial reports soon to reassure investors. The company hopes to lift this warning status soon and regain market confidence.
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