INNOSCIENCE's stock price soared 6.08% during Monday's intraday trading session, following the release of its robust annual financial results.

The rally was primarily driven by the company's recently released annual report, which showed significant operational improvement. According to the report, Innoscience achieved full-year revenue of approximately RMB 1.213 billion, representing a 46.4% year-over-year increase. Notably, the company's gross margin turned positive to 7.3% from -19.5% in the prior year, driven by scale effects, product mix optimization, and process upgrades. Adjusted EBITDA also turned positive for the first time.

Furthermore, the company's operating loss narrowed by 21.7% to RMB 753 million, while the net loss decreased by 19.7% to RMB 842 million. The company reported strong traction in its automotive LiDAR business, with over 6 million units shipped annually, enabling more than 1.5 million intelligent driving-assisted vehicles. Management highlighted the ongoing development of next-generation technology platforms targeting further cost reductions and performance gains, strengthening the narrative of a profitability inflection point.