NSING TECH Shares Surge Over 9% in Morning Session as Wafer Cost Increases Drive Product Price Hikes of 15%-20%

Stock News04-09

NSING TECH (02701) rose more than 9% during the morning trading session. By the time of writing, the stock was up 3.68%, trading at HKD 13.25 with a turnover of HKD 232 million. The price movement follows the company's announcement of a price adjustment notice, which stated that due to significant and continuous increases in the cost of core raw materials, including wafers and packaging materials, the company has decided, after careful evaluation, to raise the prices of some products by 15% to 20%, effective April 7, 2026. Public information shows that NSING TECH focuses on MCU and chip design, with a product portfolio covering MCUs, security chips, trusted computing chips, Bluetooth chips, and RCC products. It is noteworthy that NSING TECH has signed a strategic cooperation agreement with Inovance Technology and established an "Inovance Technology - NSING TECH Strategic Joint Team." The two parties have agreed to engage in deep cooperation in core areas of industrial automation, including servo systems, inverters, and programmable logic controllers (PLCs). NSING TECH will provide underlying chip core technology support to Inovance Technology, jointly promoting independent innovation and intelligent upgrades in the industrial control sector.

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