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BackFocus Stocks》 Largan Guang: FA mass production next year, stock price rises nearly 9%
Focus Stocks》 Largan Guang: FA mass production next year, stock price rises nearly 9%
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自由时报1 hour agoBusiness1 min readChinaView original

Focus Stocks》 Largan Guang: FA mass production next year, stock price rises nearly 9%

LarganLin EnpingFA products

Quick Look

  • Largan's stock price rose strongly today, hitting the upper limit of 7,325 yuan during the session, with a trading volume of more than 5,300 contracts.
  • Previously, the company said in a press conference that FA products have passed customer certification and are expected to be mass-produced next year.
  • Foreign capital has been oversold recently, but investors are still paying attention to subsequent production capacity construction and changes in mobile phone demand.

AI-generated summary

Why It Matters

Largan Guang is a leading optical manufacturer, and its stock price has recently risen due to the optical group. The company disclosed at its press conference last week that its FA products have passed customer certification and are building production capacity.

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Largan's stock price surged. The picture shows Chairman Lin Enping. (File photo)

[Reporter Ou Yuxiang/Report from Taipei] Today, the stock price of the optical group is strong. The leading manufacturer Largan (3008) released the certification information of FA (fiber array) at the press conference last week. Although the stock price opened low today, it quickly turned from black to red. At nearly 11:30, Largan's stock price exceeded the upper limit of 7,325 yuan, with a trading volume of more than 5,300, and the daily limit purchase limit was about 1,500.

Lin Enping, chairman of Largan, said last week that its FA products have passed customer certification and are building production capacity. They will be mass-produced and contribute revenue as soon as next year. FAU will discuss sending samples this month and is also expected to mass-produce next year. However, due to poor sales from major mobile phone customers this year, demand was revised downwards in September, and the momentum for shipments in November is expected to decline compared with October.

Please read on...

Last Thursday (8th), foreign investors sold 301 Chaodaliguang contracts, bought 23 investment trusts, and the three major legal persons sold more than 278 contracts in total. On the same day, the trading volume was 936 contracts, accounting for 48.8%. Investors should pay attention to subsequent stock price fluctuations.

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What to Watch

AI outlook — possibilities, not facts

  • Largan's FA products will be mass-produced and start contributing to revenue in the middle of next year

    Likely · Within months

Open Questions

  • Will the actual mass production time of FA products be realized by the middle of next year as expected?
  • What is the magnitude of the downward revision in demand from major mobile phone customers? How much impact will it have on Largan's revenue?

Related Topics

Largan
PeopleLin Enping
PlacesTaipei
TopicsLin EnpingFA productsdaily limitForeign capital oversellingDhamma talksmobile phone demand
This article was originally published by 自由时报.

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