On July 9, Lingyi iTech rose 3.04% in regular trading, trading at HK$7.80/share, with turnover of HK$129 million.

On the news front, Apple's first foldable iPhone mass production continues to advance without delays. Supply chain sources indicate the production target has been raised from 7-8 million units to approximately 10 million units, with large-scale mass production expected to commence before year-end. Lingyi iTech serves as Apple's exclusive supplier of carbon fiber inner support plates, ultra-thin VC vapor chamber heat dissipation modules, and anti-collapse brackets for the foldable device. The per-unit component value is significantly higher than that of standard slab-style models, positioning the company as a direct beneficiary of increased new device inventory buildup.

The company's H shares listed on June 26 at an issue price of HK$10.18 and have since traded below their IPO price. The foldable screen production catalyst has helped drive a short-term recovery in market sentiment, partially offsetting persistent post-IPO selling pressure.

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