HK Stock Market Move | NANJING PANDA (00553) fell by more than 7% during trading hours. Currently, there are no mature products related to high-speed brain-machine interface technology research and development projects.

Nanjing Panda (00553) fell more than 7% during trading hours, with a decrease of 3.89% as of the time of writing, at HK$6.17, with a turnover of HK$316 million. On the news front, Nanjing Panda Electronics stated that the company has noticed the recent market attention on the brain-machine interface concept. The company has participated in a sub-project of the "High-speed Brain-Machine Interaction Technology R&D for Smart Displays" project, focusing on the development of key technologies for a multimodal human-machine interaction system based on brain-machine interface technology. The sub-project that the company is involved in is non-core technology. As of now, the company has submitted a set of brain-machine interaction system terminals for smart displays to the leading unit of the project and its supervising department. The follow-up work of the project will be organized and implemented by the leading unit of the project and its supervising department. The project and the sub-project that the company is involved in will not have any impact on the company's production and operation. The company currently does not have any mature products related to this project, and has not generated any sales revenue from it.