IMOTIONTECH Shares Surge Over 8% on Strong Q1 Revenue Growth and Soaring Core Product Sales

Stock News05-19 11:46

IMOTIONTECH (01274) rose more than 8% again. As of writing, the stock was up 8.44% to HK$4.24, with a turnover of HK$2.3153 million. The company announced on May 18 that for the four months ended April 30, 2026, it achieved revenue of approximately RMB 400 million, a significant year-on-year increase of 162.55%. Its gross profit margin improved by 5.68 percentage points to 9.32%. During the period, the company's total product sales volume grew by 243.3% year-on-year, with cumulative deliveries exceeding 148,000 sets of combined driving assistance solutions and products. Sales of its self-developed combined driving assistance domain controller and intelligent front-view camera surged by 95.6% and 460.3%, respectively, becoming key drivers of performance growth. Notably, the first mass-produced model equipped with the iDC500 domain controller, the Chery iCAR V27, was officially launched in March 2026, demonstrating the company's application capabilities and efficient delivery for the Horizon Journey 6 series computing platform.

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