Nov. 3 — A screenshot purporting to be a Nomura research note lowering Zhongji
Xuchuang’s A‑share price target to 330 yuan circulated rapidly in investor chat
groups, briefly stirring the already sensitive optical‑module sector and
impacting the stock. Nomura responded that the matter is not true: it never
published such a downgrade. There is no record of a formal report, author
signature, report number or earnings‑calculation supporting a 330 yuan PT; the
circulated content is false information.