INNOSCIENCE (02577) experienced a significant intraday decline of 5.18% during Tuesday's trading session, continuing its recent correction trend.

The stock's decline follows the company's receipt of listing approval from the Hong Kong Stock Exchange, which permits approximately 374 million H-shares held by participating shareholders to be converted and listed for trading. This development has raised market concerns about potential supply pressure from the substantial increase in freely tradable shares.

Additionally, the stock had previously surged over 20% on May 13 and over 7% on May 14, driven by multiple positive catalysts including NVIDIA's confirmation of INNOSCIENCE as a supplier for its 800V high-voltage DC architecture for next-generation AI data centers, its status as the only Chinese domestic company on the supplier list with successful delivery to Google, an ITC final ruling victory eliminating trade risks, and broader power semiconductor price increases. After accumulating significant short-term gains, sustained profit-taking has created persistent selling pressure, extending the pullback that began earlier in the week.