OMNIVISION (00501) rose more than 6%, up 6.77% as of press time to HK$67.05, with turnover of HK$12.8544 million.
On October 16, the company announced that, based on its firm confidence in its future development prospects and high recognition of its long-term value, and in order to safeguard the interests of the broad investor base, especially small and medium-sized investors, and to boost investor confidence, it plans to use its own funds and/or self-raised funds to repurchase part of its A-share public shares through centralized bidding transactions, for the implementation of an employee stock ownership plan or equity incentive plan. The repurchase price will not exceed RMB 120 per share (inclusive), and the total amount of funds to be used for the repurchase will be no less than RMB 250 million (inclusive) and no more than RMB 500 million (inclusive).
Yangtze Securities noted that in the first half of 2026, OMNIVISION's analog solutions business revenue reached RMB 898 million, up 17.09% year-on-year, of which automotive analog IC revenue reached RMB 200 million, up 66.51% year-on-year, becoming an important incremental driver for the analog segment. As intelligent driving and smart cockpits increase demand for chips used in power management, signal transmission, and sensor interfaces, the company's automotive-grade product matrix continues to improve, with some new products already entering customer verification. The firm believes that in the first half of the year, the company's display solutions revenue reached RMB 519 million, up 12.94% year-on-year, and TED, OLED DDIC, and automotive display drivers are expected to bring structural opportunities.
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