Movement Alert|GPIXEL Intraday Rise 4.02% in Regular Trading, Delayed Circular on Revised Framework Agreement Remains in Focus

Market Focus11-12 09:47

On November 12, GPIXEL rose 4.02% in Regular Trading, trading at HK$50.5, with turnover of HK$7.7974 million.

The latest disclosed catalyst in focus is the company’s previously announced delay in dispatching the shareholder circular related to revisions of the 2026 sales cap under its framework agreement with Changchun Institute of Optics and the renewal of that agreement through 2029.

Previously disclosed details showed GPIXEL plans to raise the 2026 annual sales cap to RMB75 million and set annual caps of RMB150 million for each of the three years through 2029, reflecting increased demand from research projects for CMOS image sensors and related services. The market is closely watching the approval process and the pace of order conversion under the connected transaction framework.

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