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SHA:688400

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Asia

Gpixel Changchun Microelectronics, LUSTER LightTech Renew Supply Contract

Gpixel Changchun Microelectronics (HKG:3277) renewed an agreement to continue selling CMOS image sensor products and services to LUSTER LightTech (SHA:688400) for three years.The new agreement will become effective Jan.1, 2027, and run through Dec. 31, 2029, according to a Friday bourse disclosure.The parties also agreed to increase the annual cap for 2026 under the current contract to 40 million yuan from 15 million yuan previously.

HKG:3277SHA:688400
Asia

LUSTER LightTech Forecasts 590% Surge in H1 Net Profit

LUSTER LightTech (SHA:688400) expects its net profit attributable to owners for the first half to surge 590% to 662.5 million yuan from 96.1 million yuan a year earlier, according to a Shanghai bourse filing on Friday.Earnings per share a year earlier were 0.21 yuan, while operating revenue was 1.37 billion yuan.

SHA:688400
Asia

LUSTER LightTech to Sell Shares in Z.ai

LUSTER LightTech (SHA:688400) subsidiary Linyunguang Technology International will sell up to 334,800 shares it holds in Knowledge Atlas Technology (HKG:2513) or Z.ai for about HK$680.3 million, according to a Saturday filing with the Shanghai bourse.The company plans to sell the shares over the next 12 months.

HKG:2513SHA:688400
Asia

LUSTER LightTech Postpones AI Industrial Base Completion

LUSTER LightTech (SHA:688400) postponed the completion of its industrial artificial intelligence Taihu industrial base project in Jiangsu, China to December from May.The delay was due to the complexity of final construction and acceptance procedures, according to a Tuesday filing with the Shanghai bourse.Main construction is complete, but interior work continues.Shares of the optical device maker declined 2% in recent trade.

SHA:688400

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