On June 18, Sunny Optical Technology fell 3.14% in regular trading, trading at 77.5 HKD/share, with turnover of 339 million HKD.

On the news front, media reports indicate that a major client of the company plans to reduce its smartphone component purchases by approximately 30% and will lower its second-half smartphone shipment forecast. This negative development has been fermenting since early June and continues to weigh on the stock despite intermittent rebounds driven by optical communication sector strength and a Goertek XR partnership announcement in recent sessions.

The persistent overhang from the major client's order cut poses a direct threat to Sunny Optical's core smartphone lens and camera module business segments. While the stock briefly rebounded over 9% on June 17 amid a broader Apple supply chain rally, selling pressure resumed as the market remains unconvinced that near-term catalysts can offset the magnitude of potential revenue loss from reduced smartphone component demand.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)