NEW VISION CO (02632) experienced a significant intraday surge of over 30% in early trading, with shares currently up 10.13% to HK$67.40. The stock recorded a trading turnover of HK$13.21 million during the session.
On September 9, the company announced its initial entry into the global supply system of a prominent international German automaker, securing a project designation for a vehicle model targeting the worldwide market. Under this agreement, NEW VISION CO will develop and supply HUD (Head-Up Display) products for the client, with mass production scheduled to commence in 2028.
The project designation marks a substantial milestone in the company's internationalization strategy, demonstrating that its technical expertise and product quality have earned recognition from leading overseas original equipment manufacturers. This achievement further extends the company's competitive footprint across global markets.
In related developments, NEW VISION CO has recently been included in the list of eligible targets under the Stock Connect program. In its interim report, the company highlighted its dual-engine approach—leveraging breakthroughs in international high-end automaker supply chains alongside strategic alignment with Chinese automakers' overseas expansion—to cultivate overseas operations as a second growth trajectory.
During the reporting period, the company successfully transitioned multiple projects from multiple automaker clients into mass production, continuously expanding its production pipeline. This positions the company favorably for performance growth beginning in 2026 and beyond.
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