HK Stock Market Move | Afternoon Surge of over 16% for Nsing Technologies Inc. (02701), the company has the capability to develop CPO-related adaptation, High-speed optical module MCU has been imported and verified.

Nsing Technologies Inc. (02701) rose more than 16% in the afternoon, up 10.46% to 12.78 Hong Kong dollars as of the time of writing, with a trading volume of 4.44 billion Hong Kong dollars. On the news front, Nsing Technologies Inc. stated that they are continuously tracking the forefront technology of CPO (Co-Packaged Optics). The MCU required for the CPO optical engine is similar to the core technology of existing 800G/1.6T pluggable optical modules. The company has the adaptive development capabilities based on existing technology reserves. In addition, the N32H493 series MCU is mainly used in the high-speed optical module field of the computing center, for functions such as control, monitoring, and protocol processing for 800G/1.6T high-speed optical modules. Currently, customer introduction verification work is underway. EB SECURITIES pointed out that the company is at the forefront of Chinese manufacturers in the MCU market, with a product array covering various business scenarios from low-power IoT terminals to high-performance industrial control, showing steady performance growth. The company is one of the few suppliers that have successfully broken through with domestically produced 800G and above optical module MCUs. With the increasing penetration rate under the logic of supply chain security and domestic substitution, the company's performance is expected to continue to improve. The company's progress in AI server power management modules is good, as they have already started supplying to top downstream companies, which will help drive rapid performance growth.