GPIXEL (03277) saw its shares jump more than 36% during early trading, reaching a record high of HK$97.8. At the time of writing, the stock was up 27.79% to HK$91.45, with a trading turnover of HK$764 million. The surge follows an announcement on April 20 that the company has entered into a partnership with the international premium camera brand Leica to co-develop high-performance CMOS image sensor chips for the next generation of Leica cameras. Under the arrangement, the two parties will combine Leica's long-standing expertise in high-end imaging with GPIXEL's leading CMOS image sensor design capabilities to create customized chips that meet Leica's stringent standards for color reproduction, noise optimization, dynamic range, and detail rendering. Additionally, the collaboration will extend to chip verification, image calibration, and mass production preparation, covering the entire process from research and development to full-scale manufacturing. Public information shows that GPIXEL is a provider of CMOS image sensors. Since its establishment, the company has focused on the research and development of CMOS image sensors, offering nine major product series widely used in advanced technology fields such as industrial imaging, scientific imaging, professional imaging, and medical imaging. According to data from Frost & Sullivan, GPIXEL ranked third among global CIS companies in terms of industrial imaging revenue in 2024, accounting for 15.2% of the global market share.