NSING TECH Shares Surge Over 6% on Price Hike Announcement

Stock News
Aug 12

Shares of NSING TECH (02701) surged more than 6%, trading at HK$9.68 as of press time, with a turnover of HK$26.61 million, reflecting a 6.61% gain.

On the evening of August 11, NSING TECH issued a product price adjustment notice, announcing a 10% to 20% price increase for certain products effective October 1, 2026. The notice stated that due to the ongoing impact of the AI industry boom, global supply chain structures have undergone significant adjustments, with semiconductor product structures, production costs, and delivery times changing in response to market demand. MCU (microcontroller) products are also facing structural pressure, with a notable imbalance between demand growth and supply. NSING TECH is increasing its supply backup efforts.

Last month, NSING TECH issued a profit alert, forecasting a net profit attributable to shareholders of approximately RMB 3.5 million to RMB 5.5 million for the first half of this year, reversing a loss from the same period last year. The company attributed the turnaround to a significant year-on-year increase in integrated circuit product sales and revenue, which boosted overall gross profit. Additionally, fluctuations in the domestic capital market led to a year-on-year increase in fair value gains recognized at the end of the reporting period.

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