NSING TECH Surges Over 11% in Afternoon Trading Following Strategic Partnership with Inovance

Deep News04-09

NSING TECH (02701) saw its share price increase by 11.03% in afternoon trading, reaching 14.19 HKD with a turnover of 501 million HKD.

The company issued a price adjustment notice stating that due to continuous significant rises in the costs of key raw materials such as wafers and packaging materials, NSING TECH has decided to increase prices for certain products by 15% to 20% starting April 7, 2026, after careful evaluation. 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.

Notably, NSING TECH has signed a strategic cooperation agreement with Shenzhen Inovance Technology Co., Ltd. and established a "Inovance-NSING TECH Strategic Joint Working Group." The two parties have agreed to collaborate deeply in core areas of industrial automation, including servo systems, frequency converters, and programmable logic controllers (PLCs). NSING TECH will provide underlying chip technology support to Inovance, jointly promoting independent innovation and intelligent upgrades in the industrial control sector.

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