On July 3, Xinci Micro rose 3.02% in regular trading, trading at 443.2 HKD/share, with turnover of 46.24 million HKD. On the news front, the company disclosed on its investor interaction platform on July 2 that its Phase I and Phase II facilities are operating in coordination with production lines running continuously at full capacity under high utilization.
Benefiting from the expansion boom in AI servers, high-end IC substrates, and advanced packaging, the company reported that its high-end LDI, IC substrate, and advanced packaging direct-write equipment orders are fully booked with sufficient order visibility. The company is optimizing production scheduling, pre-locking long-lead-time core components, and expanding dedicated cleanroom production lines to enhance delivery capabilities.
The stock had previously undergone a sharp two-day correction due to post-IPO profit-taking, large position transfers totaling 1.308 billion HKD, and sector-wide weakness. A-shares cumulative decline exceeded 14% while HK shares saw a maximum intraday drop of 13.46%. The release of fundamental positive information combined with short-term oversold conditions triggered a technical rebound.
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