Movement Alert|Changguang Chenxin Rises 6.48% in Regular Trading, Leica Partnership and Strong Earnings Continue to Drive Rally

Market Focus
May 26

On May 26, Changguang Chenxin (03277.HK) rose 6.48% in regular trading, trading at HKD 110.6 per share, with trading volume of approximately HKD 103 million.

On the news front, the company recently announced 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, where Japanese companies have long held a dominant position, and marks international recognition of the company's technical capabilities by a top-tier imaging manufacturer.

Meanwhile, the company's Q1 results showed revenue of RMB 226 million, up 36% year-over-year, with net profit attributable to shareholders reaching RMB 31 million, surging 125% year-over-year, extending its high-growth trajectory. Additionally, 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 fundamentals. Multiple positive catalysts continue to underpin the stock's strong performance.

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