The Zhitong Finance App learned that Connett Optics (02276) rose by more than 5% in the morning. As of press release, it rose 5.37% to HK$42.76, with a turnover of HK$29.754,200.

According to news, on September 12, Connett Optics' Jiangsu Qidong production base held an unveiling ribbon-cutting ceremony. Its wholly-owned subsidiary, the former Jiangsu Blueprint Glasses Co., Ltd. officially changed its name to Jiangsu Kangnett Intelligent Technology Co., Ltd., which simultaneously completed industrial and commercial changes and business positioning upgrades, and will fully focus on the new smart glasses business in the future.

According to reports, the current Jiangsu base upgrade is an important step for the company to improve its core manufacturing network and strengthen high-end delivery capabilities. The Qidong base in Jiangsu has begun plant renovation work at this stage, and the XR Phase II and Phase III production line upgrade projects are being promoted simultaneously. The construction of a special precision processing production line for XR lenses is being steadily implemented. In the future, it will continue to support product process verification and mass production climbing work, and strengthen the enterprise's high-end product delivery support capabilities.

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