On May 22, Guanghe Technology (01989.HK) rose 4.22% in regular trading, reaching HKD 193.0 per share, with trading volume of HKD 35.85 million.

On the news front, the company recently disclosed that it has used RMB 100 million in raised funds to inject capital into its wholly-owned subsidiary, Huangshi Guanghe Precision Circuit Co., Ltd., and has completed the industrial and commercial registration change. Following the capital increase, the subsidiary's registered capital rose from RMB 680 million to RMB 780 million. The move is viewed as a positive signal to strengthen the subsidiary's capital base and support business expansion.

Additionally, the company previously disclosed in an investor relations activity record that PCIe 6.0 is expected to officially enter mass production after Q3. The company currently counts 8 of the global top 10 server manufacturers as clients, maintains abundant orders on hand, and is experiencing strong growth in computing power scenario demand. It has also initiated pre-research on optical module PCB products. These multiple catalysts have collectively boosted investor confidence and driven the stock higher.

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