GPIXEL's stock soared 5.02% intraday on Wednesday, reflecting significant investor interest.
The surge follows the company's release of robust first-quarter results, with revenue jumping 36% year-over-year to 226 million yuan and net profit attributable to shareholders surging 125% to 31 million yuan. Additionally, GPIXEL announced a joint development agreement with Leica Camera to co-develop next-generation high-performance CMOS image sensor chips, a strategic move expected to expand its market into high-end consumer imaging. The stock, recently listed on the Hong Kong Stock Exchange, also benefited from positive sentiment across the semiconductor sector.
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