GPIXEL's stock surged 5.74% during intraday trading on Tuesday, reflecting strong market optimism toward the company's recent developments.
The rally was primarily driven by the company's announcement of a joint development partnership with Leica Camera to co-develop next-generation high-performance imaging-grade CMOS image sensors. This collaboration is widely regarded as a landmark event signaling a breakthrough in the precision imaging field and marks international recognition of the company's technical capabilities by a top-tier imaging manufacturer.
Additionally, the company's strong first-quarter results provided further support, with revenue reaching RMB 226 million (up 36% year-over-year) and net profit attributable to shareholders surging 125% year-over-year to RMB 31 million. Following the completion of the over-allotment option and the end of the price stabilization period, short-term dilution pressure has been fully absorbed, allowing market attention to refocus on the company's solid fundamentals.