HK Stock Market Move | Suzhou Novosense Microelectronics (02676) fell more than 5% in early trading. The company is expected to incur a full-year loss of 200 million to 250 million yuan in 2025.

Suzhou Novosense Microelectronics (02676) fell more than 5% in early trading, dropping 4.13% to HK$141.6 as of the time of writing, with a turnover of HK$17.2148 million. On the news front, Suzhou Novosense Microelectronics announced that it expects to achieve operating income of RMB 3.3 billion to RMB 3.4 billion in 2025, a year-on-year increase of 68.34% to 73.45%; it also expects to achieve a net loss attributable to the owners of the parent company of RMB -250 million to RMB -200 million in 2025, narrowing the loss year-on-year. During the reporting period, demand in the downstream automotive electronics sector saw steady growth, with the company's related products in the automotive electronics sector continuing to increase in volume; the overall trend in the pan-energy sector showed signs of recovery, with most customers in the photovoltaic and energy storage sectors returning to normal demand, and demand from server power customers growing rapidly driven by AI; the inclusion of Magneon enriched the company's product portfolio, and its business contribution had a positive impact on the revenue growth in this period.