Movement Alert｜Lingyi iTech Rises 3.41% in Regular Trading, Continued Buyback and Folding Screen Peak Season Boost Confidence

Market Focus07-22

On July 22, Lingyi iTech rose 3.41% in regular trading, trading at HKD 7.02/share, with turnover of HKD 45.86 million.

On the news front, the company continued executing its share buyback program on July 21, repurchasing 3.3134 million A-shares at RMB 11.97–12.11 per share, spending approximately RMB 39.99 million. The company had previously doubled its buyback fund ceiling from RMB 400 million to RMB 800 million, with cumulative buyback expenditure reaching RMB 399 million as of July 17.

Additionally, the company disclosed during recent investor interactions that its folding screen hardware products — including screen support layers, hinge structural components, and vapor chamber thermal solutions — carry per-unit values several times higher than conventional smartphones. Q3 represents the peak delivery season for these products, with mass production ramp-up and customer deliveries progressing on schedule.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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