Shares of NSING TECH (02701) surged more than 16% in afternoon trading. At the time of writing, the stock was up 10.46% to HK$12.78, with a turnover of HK$444 million.
The company stated that it is continuously tracking the cutting-edge technology of CPO (Co-Packaged Optics). The MCU required for CPO optical engines shares a similar core technological foundation with the main control MCUs for existing 800G/1.6T pluggable optical modules. Leveraging its existing technology portfolio, the company possesses the capability for adaptive development.
Furthermore, the N32H493 series MCU is primarily used in high-speed optical modules like 800G/1.6T within computing power centers, handling functions such as control, monitoring, and protocol processing. The company is currently advancing customer validation and adoption efforts for this product.
Analysis highlights that the company ranks among the top Chinese manufacturers in the MCU market. Its four major chip product lines cover multiple business scenarios from low-power IoT terminals to high-computing industrial control, contributing to relatively stable performance growth.
The company is noted as one of the few suppliers that have achieved a domestic breakthrough for MCUs used in 800G and above optical modules. Driven by supply chain security and import substitution trends, its market penetration is expected to continue increasing.
Additionally, the company's AI server power management module has shown favorable progress, with supplies already being delivered to leading downstream enterprises. This development is anticipated to support high-speed performance growth.
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