SEYOND Shares Surge on Strong LiDAR Shipment Growth

Stock News06-15

Shares of SEYOND (HKEX: 02665) experienced a significant rally, climbing as much as 14% at their peak during the trading session. At the time of writing, the stock was up 5.25%, trading at HK$3.41 with a turnover of HK$205 million.

Driving the Share Price Momentum

The sharp upward movement follows the company's recent operational update. SEYOND disclosed that its total LiDAR product shipments for the first five months of 2026 reached approximately 365,000 units. This figure represents a substantial year-on-year increase of around 349% and has already surpassed the company's total LiDAR shipments for the entire year of 2025.

Breakdown of Product Shipments

Within this total, LiDAR products designed for Advanced Driver-Assistance Systems (ADAS) accounted for roughly 332,700 units, marking a year-on-year growth of approximately 323%. Shipments of LiDAR products intended for robotics, solutions, and other applications reached about 32,300 units, surging by an impressive 1,177% compared to the same period last year.

Record Monthly Performance

The company also reported a milestone in May 2026, achieving its first-ever month with total LiDAR shipments exceeding 100,000 units. The monthly total reached approximately 100,700 units, a 376% increase year-on-year. For ADAS applications, shipments were about 89,500 units, up 342% year-on-year. Shipments for robotics, solutions, and other uses hit around 11,200 units, soaring 1,129% year-on-year and marking the first time monthly shipments in this category surpassed 10,000 units.

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